Wuhan East Lake High Technology Group Balance Sheet Health
Financial Health criteria checks 5/6
Wuhan East Lake High Technology Group has a total shareholder equity of CN¥9.9B and total debt of CN¥5.1B, which brings its debt-to-equity ratio to 51.8%. Its total assets and total liabilities are CN¥18.4B and CN¥8.5B respectively. Wuhan East Lake High Technology Group's EBIT is CN¥809.5M making its interest coverage ratio -0.8. It has cash and short-term investments of CN¥3.0B.
Key information
51.8%
Debt to equity ratio
CN¥5.11b
Debt
| Interest coverage ratio | -0.8x |
| Cash | CN¥3.00b |
| Equity | CN¥9.86b |
| Total liabilities | CN¥8.52b |
| Total assets | CN¥18.38b |
Recent financial health updates
Recent updates
Investors Aren't Buying Wuhan East Lake High Technology Group Co., Ltd.'s (SHSE:600133) Earnings
Jun 17
Here's Why We Think Wuhan East Lake High Technology Group (SHSE:600133) Might Deserve Your Attention Today
May 27Solid Earnings May Not Tell The Whole Story For Wuhan East Lake High Technology Group (SHSE:600133)
May 06Is Wuhan East Lake High Technology Group (SHSE:600133) Using Too Much Debt?
Apr 30Wuhan East Lake High Technology Group Co., Ltd. (SHSE:600133) Shares Fly 37% But Investors Aren't Buying For Growth
Mar 04Financial Position Analysis
Short Term Liabilities: 600133's short term assets (CN¥10.1B) exceed its short term liabilities (CN¥4.8B).
Long Term Liabilities: 600133's short term assets (CN¥10.1B) exceed its long term liabilities (CN¥3.7B).
Debt to Equity History and Analysis
Debt Level: 600133's net debt to equity ratio (21.4%) is considered satisfactory.
Reducing Debt: 600133's debt to equity ratio has reduced from 229.4% to 51.8% over the past 5 years.
Debt Coverage: 600133's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 600133 earns more interest than it pays, so coverage of interest payments is not a concern.