Wangli Security & Surveillance Product Balance Sheet Health
Financial Health criteria checks 3/6
Wangli Security & Surveillance Product has a total shareholder equity of CN¥1.6B and total debt of CN¥727.9M, which brings its debt-to-equity ratio to 45.3%. Its total assets and total liabilities are CN¥4.3B and CN¥2.7B respectively. Wangli Security & Surveillance Product's EBIT is CN¥41.5M making its interest coverage ratio -126.6. It has cash and short-term investments of CN¥244.8M.
Key information
45.3%
Debt to equity ratio
CN¥727.85m
Debt
| Interest coverage ratio | -126.6x |
| Cash | CN¥244.80m |
| Equity | CN¥1.61b |
| Total liabilities | CN¥2.68b |
| Total assets | CN¥4.29b |
Recent financial health updates
No updates
Recent updates
Be Wary Of Wangli Security & Surveillance Product (SHSE:605268) And Its Returns On Capital
Oct 23
We Think Wangli Security & Surveillance Product's (SHSE:605268) Robust Earnings Are Conservative
Sep 02Wangli Security & Surveillance Product (SHSE:605268) Could Be Struggling To Allocate Capital
Apr 16Wangli Security & Surveillance Product Co., Ltd's (SHSE:605268) Subdued P/S Might Signal An Opportunity
Feb 28Financial Position Analysis
Short Term Liabilities: 605268's short term assets (CN¥2.4B) do not cover its short term liabilities (CN¥2.6B).
Long Term Liabilities: 605268's short term assets (CN¥2.4B) exceed its long term liabilities (CN¥48.1M).
Debt to Equity History and Analysis
Debt Level: 605268's net debt to equity ratio (30%) is considered satisfactory.
Reducing Debt: 605268's debt to equity ratio has increased from 0% to 45.3% over the past 5 years.
Debt Coverage: 605268's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 605268 earns more interest than it pays, so coverage of interest payments is not a concern.