Guangdong Lvtong New Energy Electric Vehicle Technology Co., LTD

SZSE:301322 Stock Report

Market Cap: CN¥3.4b

Guangdong Lvtong New Energy Electric Vehicle Technology Balance Sheet Health

Financial Health criteria checks 6/6

Guangdong Lvtong New Energy Electric Vehicle Technology has a total shareholder equity of CN¥2.9B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥3.0B and CN¥136.0M respectively. Guangdong Lvtong New Energy Electric Vehicle Technology's EBIT is CN¥162.3M making its interest coverage ratio -3.1. It has cash and short-term investments of CN¥2.1B.

Key information

0%

Debt to equity ratio

CN¥0

Debt

Interest coverage ratio-3.1x
CashCN¥2.11b
EquityCN¥2.85b
Total liabilitiesCN¥135.99m
Total assetsCN¥2.99b

Recent financial health updates

No updates

Recent updates

Guangdong Lvtong New Energy Electric Vehicle Technology (SZSE:301322) Is Paying Out A Larger Dividend Than Last Year

May 27
Guangdong Lvtong New Energy Electric Vehicle Technology (SZSE:301322) Is Paying Out A Larger Dividend Than Last Year

Guangdong Lvtong New Energy Electric Vehicle Technology's (SZSE:301322) Anemic Earnings Might Be Worse Than You Think

May 02
Guangdong Lvtong New Energy Electric Vehicle Technology's (SZSE:301322) Anemic Earnings Might Be Worse Than You Think

Financial Position Analysis

Short Term Liabilities: 301322's short term assets (CN¥2.5B) exceed its short term liabilities (CN¥133.6M).

Long Term Liabilities: 301322's short term assets (CN¥2.5B) exceed its long term liabilities (CN¥2.4M).


Debt to Equity History and Analysis

Debt Level: 301322 is debt free.

Reducing Debt: 301322 has no debt compared to 5 years ago when its debt to equity ratio was 12.1%.

Debt Coverage: 301322 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 301322 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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