Guangdong Lvtong New Energy Electric Vehicle Technology Co., LTD

XSEC:301322 Stock Report

Market Cap: CN¥3.9b

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¥2.8B and total debt of CN¥175.7K, which brings its debt-to-equity ratio to 0.01%. Its total assets and total liabilities are CN¥3.0B and CN¥197.1M respectively. Guangdong Lvtong New Energy Electric Vehicle Technology's EBIT is CN¥138.6M making its interest coverage ratio -6.6. It has cash and short-term investments of CN¥1.9B.

Key information

0.006%

Debt to equity ratio

CN¥175.72k

Debt

Interest coverage ratio-6.6x
CashCN¥1.87b
EquityCN¥2.84b
Total liabilitiesCN¥197.08m
Total assetsCN¥3.03b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 301322's short term assets (CN¥2.3B) exceed its short term liabilities (CN¥196.0M).

Long Term Liabilities: 301322's short term assets (CN¥2.3B) exceed its long term liabilities (CN¥1.1M).


Debt to Equity History and Analysis

Debt Level: 301322 has more cash than its total debt.

Reducing Debt: 301322's debt to equity ratio has reduced from 8% to 0.01% over the past 5 years.

Debt Coverage: 301322's debt is well covered by operating cash flow (93139.4%).

Interest Coverage: 301322 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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