Changzhou Langbo Sealing TechnologiesLtd Balance Sheet Health
Financial Health criteria checks 6/6
Changzhou Langbo Sealing TechnologiesLtd has a total shareholder equity of CN¥538.9M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥573.8M and CN¥34.9M respectively. Changzhou Langbo Sealing TechnologiesLtd's EBIT is CN¥24.8M making its interest coverage ratio -15.3. It has cash and short-term investments of CN¥222.7M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -15.3x |
| Cash | CN¥222.73m |
| Equity | CN¥538.91m |
| Total liabilities | CN¥34.87m |
| Total assets | CN¥573.78m |
Recent financial health updates
No updates
Recent updates
Investors Shouldn't Be Too Comfortable With Changzhou Langbo Sealing TechnologiesLtd's (SHSE:603655) Earnings
Nov 02
Changzhou Langbo Sealing Technologies Co.,Ltd.'s (SHSE:603655) 39% Share Price Surge Not Quite Adding Up
Oct 17Changzhou Langbo Sealing TechnologiesLtd's (SHSE:603655) Promising Earnings May Rest On Soft Foundations
May 02Changzhou Langbo Sealing Technologies Co.,Ltd.'s (SHSE:603655) Business Is Trailing The Industry But Its Shares Aren't
Feb 28Financial Position Analysis
Short Term Liabilities: 603655's short term assets (CN¥431.7M) exceed its short term liabilities (CN¥30.3M).
Long Term Liabilities: 603655's short term assets (CN¥431.7M) exceed its long term liabilities (CN¥4.5M).
Debt to Equity History and Analysis
Debt Level: 603655 is debt free.
Reducing Debt: 603655 had no debt 5 years ago.
Debt Coverage: 603655 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 603655 has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 11:51 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Changzhou Langbo Sealing Technologies Co.,Ltd. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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