Hainan Drinda New Energy Technology Financial Health

Short Term Liabilities: 002865's short term assets (CN¥2.8B) do not cover its short term liabilities (CN¥5.1B).

Long Term Liabilities: 002865's short term assets (CN¥2.8B) exceed its long term liabilities (CN¥2.3B).

Debt Level: 002865's net debt to equity ratio (278.7%) is considered high.

Reducing Debt: 002865's debt to equity ratio has increased from 16.6% to 421.4% over the past 5 years.

Debt Coverage: 002865's debt is not well covered by operating cash flow (7.2%).

Interest Coverage: 002865 earns more interest than it pays, so coverage of interest payments is not a concern.

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