Xuancheng Valin Precision Technology Balance Sheet Health
Financial Health criteria checks 2/6
Xuancheng Valin Precision Technology has a total shareholder equity of CN¥692.2M and total debt of CN¥549.5M, which brings its debt-to-equity ratio to 79.4%. Its total assets and total liabilities are CN¥1.6B and CN¥864.7M respectively.
Key information
79.4%
Debt to equity ratio
CN¥549.46m
Debt
Interest coverage ratio | n/a |
Cash | CN¥72.27m |
Equity | CN¥692.16m |
Total liabilities | CN¥864.69m |
Total assets | CN¥1.56b |
Recent financial health updates
No updates
Recent updates
Lacklustre Performance Is Driving Xuancheng Valin Precision Technology Co., Ltd.'s (SHSE:603356) Low P/S
Aug 13Revenues Working Against Xuancheng Valin Precision Technology Co., Ltd.'s (SHSE:603356) Share Price Following 35% Dive
Apr 23Improved Revenues Required Before Xuancheng Valin Precision Technology Co., Ltd. (SHSE:603356) Stock's 38% Jump Looks Justified
Mar 08Financial Position Analysis
Short Term Liabilities: 603356's short term assets (CN¥683.3M) exceed its short term liabilities (CN¥596.4M).
Long Term Liabilities: 603356's short term assets (CN¥683.3M) exceed its long term liabilities (CN¥268.3M).
Debt to Equity History and Analysis
Debt Level: 603356's net debt to equity ratio (68.9%) is considered high.
Reducing Debt: 603356's debt to equity ratio has increased from 31.5% to 79.4% over the past 5 years.
Debt Coverage: 603356's debt is not well covered by operating cash flow (18.9%).
Interest Coverage: Insufficient data to determine if 603356's interest payments on its debt are well covered by EBIT.