Wuxi Lihu Balance Sheet Health
Financial Health criteria checks 6/6
Wuxi Lihu has a total shareholder equity of CN¥1.4B and total debt of CN¥331.4M, which brings its debt-to-equity ratio to 24.2%. Its total assets and total liabilities are CN¥2.1B and CN¥711.6M respectively. Wuxi Lihu's EBIT is CN¥68.2M making its interest coverage ratio 9.4. It has cash and short-term investments of CN¥305.4M.
Key information
24.2%
Debt to equity ratio
CN¥331.37m
Debt
| Interest coverage ratio | 9.4x |
| Cash | CN¥305.35m |
| Equity | CN¥1.37b |
| Total liabilities | CN¥711.64m |
| Total assets | CN¥2.08b |
Recent financial health updates
No updates
Recent updates
Why Investors Shouldn't Be Surprised By Wuxi Lihu Corporation Limited.'s (SZSE:300694) 33% Share Price Surge
Nov 08
Wuxi Lihu's (SZSE:300694) Soft Earnings Are Actually Better Than They Appear
Oct 30Wuxi Lihu (SZSE:300694) Could Be Struggling To Allocate Capital
Jun 06Shareholders Can Be Confident That Wuxi Lihu's (SZSE:300694) Earnings Are High Quality
Apr 04Wuxi Lihu Corporation Limited.'s (SZSE:300694) 26% Share Price Surge Not Quite Adding Up
Mar 18Financial Position Analysis
Short Term Liabilities: 300694's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥640.9M).
Long Term Liabilities: 300694's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥70.7M).
Debt to Equity History and Analysis
Debt Level: 300694's net debt to equity ratio (1.9%) is considered satisfactory.
Reducing Debt: 300694's debt to equity ratio has reduced from 37% to 24.2% over the past 5 years.
Debt Coverage: 300694's debt is well covered by operating cash flow (85.2%).
Interest Coverage: 300694's interest payments on its debt are well covered by EBIT (9.4x coverage).