Wangli Security & Surveillance Product Co., Ltd

SHSE:605268 Stock Report

Market Cap: CN¥3.9b

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
CashCN¥244.80m
EquityCN¥1.61b
Total liabilitiesCN¥2.68b
Total assetsCN¥4.29b

Recent financial health updates

No updates

Recent updates

Wangli Security & Surveillance Product Co., Ltd (SHSE:605268) Stock Rockets 38% But Many Are Still Ignoring The Company

Nov 08
Wangli Security & Surveillance Product Co., Ltd (SHSE:605268) Stock Rockets 38% But Many Are Still Ignoring The Company

Be Wary Of Wangli Security & Surveillance Product (SHSE:605268) And Its Returns On Capital

Oct 23
Be Wary Of Wangli Security & Surveillance Product (SHSE:605268) And Its Returns On Capital

We Think Wangli Security & Surveillance Product's (SHSE:605268) Robust Earnings Are Conservative

Sep 02
We Think Wangli Security & Surveillance Product's (SHSE:605268) Robust Earnings Are Conservative

Wangli Security & Surveillance Product (SHSE:605268) Could Be Struggling To Allocate Capital

Apr 16
Wangli Security & Surveillance Product (SHSE:605268) Could Be Struggling To Allocate Capital

Wangli Security & Surveillance Product Co., Ltd's (SHSE:605268) Subdued P/S Might Signal An Opportunity

Feb 28
Wangli Security & Surveillance Product Co., Ltd's (SHSE:605268) Subdued P/S Might Signal An Opportunity

Financial 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.


Balance Sheet


Discover healthy companies