Landai Technology Group Balance Sheet Health
Financial Health criteria checks 4/6
Landai Technology Group has a total shareholder equity of CN¥2.5B and total debt of CN¥780.6M, which brings its debt-to-equity ratio to 31.2%. Its total assets and total liabilities are CN¥5.4B and CN¥2.9B respectively. Landai Technology Group's EBIT is CN¥2.6M making its interest coverage ratio 0.2. It has cash and short-term investments of CN¥540.2M.
Key information
31.2%
Debt to equity ratio
CN¥780.56m
Debt
| Interest coverage ratio | 0.2x |
| Cash | CN¥540.20m |
| Equity | CN¥2.50b |
| Total liabilities | CN¥2.87b |
| Total assets | CN¥5.37b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002765's short term assets (CN¥2.7B) exceed its short term liabilities (CN¥1.9B).
Long Term Liabilities: 002765's short term assets (CN¥2.7B) exceed its long term liabilities (CN¥1.0B).
Debt to Equity History and Analysis
Debt Level: 002765's net debt to equity ratio (9.6%) is considered satisfactory.
Reducing Debt: 002765's debt to equity ratio has increased from 14.5% to 31.2% over the past 5 years.
Debt Coverage: 002765's debt is well covered by operating cash flow (35.2%).
Interest Coverage: 002765's interest payments on its debt are not well covered by EBIT (0.2x coverage).