GuangDong HongTeo TechnologyLtd Balance Sheet Health
Financial Health criteria checks 1/6
GuangDong HongTeo TechnologyLtd has a total shareholder equity of CN¥935.4M and total debt of CN¥695.5M, which brings its debt-to-equity ratio to 74.4%. Its total assets and total liabilities are CN¥2.0B and CN¥1.1B respectively. GuangDong HongTeo TechnologyLtd's EBIT is CN¥65.7M making its interest coverage ratio 2.4. It has cash and short-term investments of CN¥121.2M.
Key information
74.4%
Debt to equity ratio
CN¥695.51m
Debt
Interest coverage ratio | 2.4x |
Cash | CN¥121.24m |
Equity | CN¥935.40m |
Total liabilities | CN¥1.08b |
Total assets | CN¥2.02b |
Recent financial health updates
No updates
Recent updates
There's Reason For Concern Over GuangDong PaiSheng Intelligent Technology Co.,Ltd's (SZSE:300176) Massive 44% Price Jump
Nov 12Investors Shouldn't Be Too Comfortable With GuangDong PaiSheng Intelligent TechnologyLtd's (SZSE:300176) Earnings
Nov 05GuangDong PaiSheng Intelligent Technology Co.,Ltd (SZSE:300176) Looks Just Right With A 25% Price Jump
Sep 28These Return Metrics Don't Make GuangDong PaiSheng Intelligent TechnologyLtd (SZSE:300176) Look Too Strong
Jul 03GuangDong PaiSheng Intelligent Technology Co.,Ltd's (SZSE:300176) Popularity With Investors Is Under Threat From Overpricing
Jun 05Shareholders Will Be Pleased With The Quality of GuangDong PaiSheng Intelligent TechnologyLtd's (SZSE:300176) Earnings
May 02There's No Escaping GuangDong PaiSheng Intelligent Technology Co.,Ltd's (SZSE:300176) Muted Revenues Despite A 25% Share Price Rise
Mar 06Financial Position Analysis
Short Term Liabilities: 300176's short term assets (CN¥906.0M) do not cover its short term liabilities (CN¥1.1B).
Long Term Liabilities: 300176's short term assets (CN¥906.0M) exceed its long term liabilities (CN¥29.3M).
Debt to Equity History and Analysis
Debt Level: 300176's net debt to equity ratio (61.4%) is considered high.
Reducing Debt: 300176's debt to equity ratio has increased from 50.8% to 74.4% over the past 5 years.
Debt Coverage: 300176's debt is not well covered by operating cash flow (19.7%).
Interest Coverage: 300176's interest payments on its debt are not well covered by EBIT (2.4x coverage).