Shanghai Laimu ElectronicsLtd Balance Sheet Health
Financial Health criteria checks 5/6
Shanghai Laimu ElectronicsLtd has a total shareholder equity of CN¥1.9B and total debt of CN¥911.9M, which brings its debt-to-equity ratio to 47%. Its total assets and total liabilities are CN¥3.3B and CN¥1.4B respectively. Shanghai Laimu ElectronicsLtd's EBIT is CN¥114.3M making its interest coverage ratio 4.5. It has cash and short-term investments of CN¥394.1M.
Key information
47.0%
Debt to equity ratio
CN¥911.95m
Debt
| Interest coverage ratio | 4.5x |
| Cash | CN¥394.10m |
| Equity | CN¥1.94b |
| Total liabilities | CN¥1.39b |
| Total assets | CN¥3.33b |
Recent financial health updates
No updates
Recent updates
Shanghai Laimu Electronics Co.,Ltd.'s (SHSE:603633) Shares May Have Run Too Fast Too Soon
Jul 18
Shanghai Laimu ElectronicsLtd (SHSE:603633) Will Be Hoping To Turn Its Returns On Capital Around
Apr 15Shanghai Laimu Electronics Co.,Ltd. (SHSE:603633) Stock Rockets 30% As Investors Are Less Pessimistic Than Expected
Mar 07Financial Position Analysis
Short Term Liabilities: 603633's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 603633's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥327.2M).
Debt to Equity History and Analysis
Debt Level: 603633's net debt to equity ratio (26.7%) is considered satisfactory.
Reducing Debt: 603633's debt to equity ratio has reduced from 48.9% to 47% over the past 5 years.
Debt Coverage: 603633's debt is not well covered by operating cash flow (14.3%).
Interest Coverage: 603633's interest payments on its debt are well covered by EBIT (4.5x coverage).