Lifan Technology(Group)Co.Ltd Balance Sheet Health
Financial Health criteria checks 5/6
Lifan Technology(Group)Co.Ltd has a total shareholder equity of CN¥11.9B and total debt of CN¥2.1B, which brings its debt-to-equity ratio to 17.5%. Its total assets and total liabilities are CN¥20.1B and CN¥8.2B respectively.
Key information
17.5%
Debt to equity ratio
CN¥2.08b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥2.07b |
| Equity | CN¥11.87b |
| Total liabilities | CN¥8.22b |
| Total assets | CN¥20.09b |
Recent financial health updates
Is Lifan Technology(Group)Co.Ltd (SHSE:601777) Using Debt In A Risky Way?
Aug 08
Is Lifan Technology(Group)Co.Ltd (SHSE:601777) Using Debt In A Risky Way?
Mar 25Recent updates
Lifan Technology(Group)Co.Ltd's (SHSE:601777) Soft Earnings Don't Show The Whole Picture
Aug 30Is Lifan Technology(Group)Co.Ltd (SHSE:601777) Using Debt In A Risky Way?
Aug 08Revenues Not Telling The Story For Lifan Technology(Group)Co.,Ltd. (SHSE:601777) After Shares Rise 47%
Jul 12Revenues Not Telling The Story For Lifan Technology(Group)Co.,Ltd. (SHSE:601777)
May 27Is Lifan Technology(Group)Co.Ltd (SHSE:601777) Using Debt In A Risky Way?
Mar 25Financial Position Analysis
Short Term Liabilities: 601777's short term assets (CN¥6.7B) exceed its short term liabilities (CN¥6.3B).
Long Term Liabilities: 601777's short term assets (CN¥6.7B) exceed its long term liabilities (CN¥1.9B).
Debt to Equity History and Analysis
Debt Level: 601777's net debt to equity ratio (0.1%) is considered satisfactory.
Reducing Debt: 601777's debt to equity ratio has reduced from 193.2% to 17.5% over the past 5 years.
Debt Coverage: 601777's debt is well covered by operating cash flow (29.7%).
Interest Coverage: Insufficient data to determine if 601777's interest payments on its debt are well covered by EBIT.