Flying Technology Balance Sheet Health
Financial Health criteria checks 4/6
Flying Technology has a total shareholder equity of CN¥1.1B and total debt of CN¥222.3M, which brings its debt-to-equity ratio to 21.1%. Its total assets and total liabilities are CN¥1.5B and CN¥471.2M respectively.
Key information
21.1%
Debt to equity ratio
CN¥222.25m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥389.82m |
| Equity | CN¥1.05b |
| Total liabilities | CN¥471.20m |
| Total assets | CN¥1.52b |
Recent financial health updates
No updates
Recent updates
Flying Technology Co., Ltd.'s (SHSE:603488) Business Is Yet to Catch Up With Its Share Price
Oct 24
Insufficient Growth At Flying Technology Co., Ltd. (SHSE:603488) Hampers Share Price
Jun 06Flying Technology's (SHSE:603488) Profits Appear To Have Quality Issues
May 06Flying Technology Co., Ltd.'s (SHSE:603488) 28% Price Boost Is Out Of Tune With Earnings
Mar 07Financial Position Analysis
Short Term Liabilities: 603488's short term assets (CN¥880.3M) exceed its short term liabilities (CN¥308.2M).
Long Term Liabilities: 603488's short term assets (CN¥880.3M) exceed its long term liabilities (CN¥163.0M).
Debt to Equity History and Analysis
Debt Level: 603488 has more cash than its total debt.
Reducing Debt: 603488's debt to equity ratio has increased from 0% to 21.1% over the past 5 years.
Debt Coverage: 603488's debt is well covered by operating cash flow (30.6%).
Interest Coverage: Insufficient data to determine if 603488's interest payments on its debt are well covered by EBIT.