Noblelift Intelligent Equipment Co.,Ltd.

SHSE:603611 Stock Report

Market Cap: CN¥5.0b

Noblelift Intelligent EquipmentLtd Balance Sheet Health

Financial Health criteria checks 4/6

Noblelift Intelligent EquipmentLtd has a total shareholder equity of CN¥2.9B and total debt of CN¥1.6B, which brings its debt-to-equity ratio to 55.9%. Its total assets and total liabilities are CN¥9.1B and CN¥6.2B respectively. Noblelift Intelligent EquipmentLtd's EBIT is CN¥554.1M making its interest coverage ratio 355.8. It has cash and short-term investments of CN¥1.2B.

Key information

55.9%

Debt to equity ratio

CN¥1.61b

Debt

Interest coverage ratio355.8x
CashCN¥1.23b
EquityCN¥2.88b
Total liabilitiesCN¥6.20b
Total assetsCN¥9.09b

Recent financial health updates

Recent updates

Noblelift Intelligent EquipmentLtd's (SHSE:603611) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Nov 06
Noblelift Intelligent EquipmentLtd's (SHSE:603611) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Earnings Working Against Noblelift Intelligent Equipment Co.,Ltd.'s (SHSE:603611) Share Price

Sep 30
Earnings Working Against Noblelift Intelligent Equipment Co.,Ltd.'s (SHSE:603611) Share Price

We Like These Underlying Return On Capital Trends At Noblelift Intelligent EquipmentLtd (SHSE:603611)

Jun 26
We Like These Underlying Return On Capital Trends At Noblelift Intelligent EquipmentLtd (SHSE:603611)

Noblelift Intelligent EquipmentLtd (SHSE:603611) Has A Pretty Healthy Balance Sheet

May 28
Noblelift Intelligent EquipmentLtd (SHSE:603611) Has A Pretty Healthy Balance Sheet

Noblelift Intelligent EquipmentLtd's (SHSE:603611) Solid Profits Have Weak Fundamentals

Apr 24
Noblelift Intelligent EquipmentLtd's (SHSE:603611) Solid Profits Have Weak Fundamentals

Are Investors Undervaluing Noblelift Intelligent Equipment Co.,Ltd. (SHSE:603611) By 36%?

Apr 03
Are Investors Undervaluing Noblelift Intelligent Equipment Co.,Ltd. (SHSE:603611) By 36%?

Noblelift Intelligent Equipment Co.,Ltd.'s (SHSE:603611) Price Is Right But Growth Is Lacking After Shares Rocket 26%

Mar 04
Noblelift Intelligent Equipment Co.,Ltd.'s (SHSE:603611) Price Is Right But Growth Is Lacking After Shares Rocket 26%

Financial Position Analysis

Short Term Liabilities: 603611's short term assets (CN¥6.9B) exceed its short term liabilities (CN¥5.6B).

Long Term Liabilities: 603611's short term assets (CN¥6.9B) exceed its long term liabilities (CN¥652.6M).


Debt to Equity History and Analysis

Debt Level: 603611's net debt to equity ratio (13.4%) is considered satisfactory.

Reducing Debt: 603611's debt to equity ratio has increased from 33.1% to 55.9% over the past 5 years.

Debt Coverage: 603611's debt is not well covered by operating cash flow (5.9%).

Interest Coverage: 603611's interest payments on its debt are well covered by EBIT (355.8x coverage).


Balance Sheet


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