Guangdong Lvtong New Energy Electric Vehicle Technology Co., LTD

XSEC:301322 Stock Report

Market Cap: CN¥3.7b

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¥0.0, which brings its debt-to-equity ratio to 0%. 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¥134.9M making its interest coverage ratio -3.4. It has cash and short-term investments of CN¥1.9B.

Key information

0%

Debt to equity ratio

CN¥0

Debt

Interest coverage ratio-3.4x
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 is debt free.

Reducing Debt: 301322 has no debt compared to 5 years ago when its debt to equity ratio was 8%.

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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