Ningbo Yibin Electronic Technology Co., Ltd.

SZSE:001278 Stock Report

Market Cap: CN¥1.9b

Ningbo Yibin Electronic Technology Balance Sheet Health

Financial Health criteria checks 6/6

Ningbo Yibin Electronic Technology has a total shareholder equity of CN¥1.3B and total debt of CN¥539.8M, which brings its debt-to-equity ratio to 41.1%. Its total assets and total liabilities are CN¥3.2B and CN¥1.9B respectively. Ningbo Yibin Electronic Technology's EBIT is CN¥90.5M making its interest coverage ratio 18.5. It has cash and short-term investments of CN¥864.9M.

Key information

41.1%

Debt to equity ratio

CN¥539.79m

Debt

Interest coverage ratio18.5x
CashCN¥864.90m
EquityCN¥1.31b
Total liabilitiesCN¥1.88b
Total assetsCN¥3.20b

Recent financial health updates

No updates

Recent updates

Ningbo Yibin Electronic Technology's (SZSE:001278) Soft Earnings Are Actually Better Than They Appear

May 06
Ningbo Yibin Electronic Technology's (SZSE:001278) Soft Earnings Are Actually Better Than They Appear

Financial Position Analysis

Short Term Liabilities: 001278's short term assets (CN¥2.1B) exceed its short term liabilities (CN¥1.7B).

Long Term Liabilities: 001278's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥202.0M).


Debt to Equity History and Analysis

Debt Level: 001278 has more cash than its total debt.

Reducing Debt: 001278's debt to equity ratio has reduced from 54% to 41.1% over the past 5 years.

Debt Coverage: 001278's debt is well covered by operating cash flow (68.5%).

Interest Coverage: 001278's interest payments on its debt are well covered by EBIT (18.5x coverage).


Balance Sheet


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