Shanghai Lianming Machinery Balance Sheet Health
Financial Health criteria checks 6/6
Shanghai Lianming Machinery has a total shareholder equity of CN¥1.7B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥2.1B and CN¥439.6M respectively. Shanghai Lianming Machinery's EBIT is CN¥66.6M making its interest coverage ratio -0.1. It has cash and short-term investments of CN¥518.2M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -0.1x |
| Cash | CN¥518.20m |
| Equity | CN¥1.69b |
| Total liabilities | CN¥439.60m |
| Total assets | CN¥2.13b |
Recent financial health updates
No updates
Recent updates
Earnings Not Telling The Story For Shanghai Lianming Machinery Co., Ltd. (SHSE:603006) After Shares Rise 28%
Nov 12
Shanghai Lianming Machinery's (SHSE:603006) Dividend Is Being Reduced To CN¥0.28
May 30Shanghai Lianming Machinery Co., Ltd.'s (SHSE:603006) 37% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/ERatio
May 03There May Be Some Bright Spots In Shanghai Lianming Machinery's (SHSE:603006) Earnings
May 02A Look At The Fair Value Of Shanghai Lianming Machinery Co., Ltd. (SHSE:603006)
Mar 29Shanghai Lianming Machinery Co., Ltd. (SHSE:603006) Surges 35% Yet Its Low P/E Is No Reason For Excitement
Mar 08Financial Position Analysis
Short Term Liabilities: 603006's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥395.9M).
Long Term Liabilities: 603006's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥43.7M).
Debt to Equity History and Analysis
Debt Level: 603006 is debt free.
Reducing Debt: 603006 has no debt compared to 5 years ago when its debt to equity ratio was 23.3%.
Debt Coverage: 603006 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 603006 has no debt, therefore coverage of interest payments is not a concern.