WenYi Trinity Technology Balance Sheet Health
Financial Health criteria checks 6/6
WenYi Trinity Technology has a total shareholder equity of CN¥356.3M and total debt of CN¥10.0M, which brings its debt-to-equity ratio to 2.8%. Its total assets and total liabilities are CN¥558.4M and CN¥202.2M respectively. WenYi Trinity Technology's EBIT is CN¥23.5M making its interest coverage ratio -38.9. It has cash and short-term investments of CN¥123.6M.
Key information
2.8%
Debt to equity ratio
CN¥10.00m
Debt
| Interest coverage ratio | -38.9x |
| Cash | CN¥123.59m |
| Equity | CN¥356.28m |
| Total liabilities | CN¥202.17m |
| Total assets | CN¥558.44m |
Recent financial health updates
No updates
Recent updates
Risks To Shareholder Returns Are Elevated At These Prices For WenYi Trinity Technology Co., Ltd (SHSE:600520)
Jul 19
A Look At The Intrinsic Value Of WenYi Trinity Technology Co., Ltd (SHSE:600520)
May 24WenYi Trinity Technology Co., Ltd's (SHSE:600520) Popularity With Investors Under Threat As Stock Sinks 29%
Apr 15Returns On Capital Are Showing Encouraging Signs At WenYi Trinity Technology (SHSE:600520)
Mar 26There's Reason For Concern Over WenYi Trinity Technology Co., Ltd's (SHSE:600520) Price
Feb 27Financial Position Analysis
Short Term Liabilities: 600520's short term assets (CN¥472.2M) exceed its short term liabilities (CN¥201.8M).
Long Term Liabilities: 600520's short term assets (CN¥472.2M) exceed its long term liabilities (CN¥384.0K).
Debt to Equity History and Analysis
Debt Level: 600520 has more cash than its total debt.
Reducing Debt: 600520's debt to equity ratio has reduced from 6.3% to 2.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 600520 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 600520 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 49.5% per year.