Xinya Electronic Balance Sheet Health
Financial Health criteria checks 3/6
Xinya Electronic has a total shareholder equity of CN¥1.4B and total debt of CN¥952.0M, which brings its debt-to-equity ratio to 67.5%. Its total assets and total liabilities are CN¥3.2B and CN¥1.8B respectively. Xinya Electronic's EBIT is CN¥183.7M making its interest coverage ratio 9.8. It has cash and short-term investments of CN¥307.1M.
Key information
67.5%
Debt to equity ratio
CN¥951.98m
Debt
| Interest coverage ratio | 9.8x |
| Cash | CN¥307.08m |
| Equity | CN¥1.41b |
| Total liabilities | CN¥1.82b |
| Total assets | CN¥3.23b |
Recent financial health updates
We Think Xinya Electronic (SHSE:605277) Can Stay On Top Of Its Debt
Oct 04
Xinya Electronic (SHSE:605277) Has A Pretty Healthy Balance Sheet
Jun 07Recent updates
We Think Xinya Electronic (SHSE:605277) Can Stay On Top Of Its Debt
Oct 04Xinya Electronic (SHSE:605277) Has A Pretty Healthy Balance Sheet
Jun 07Risks Still Elevated At These Prices As Xinya Electronic Co., Ltd. (SHSE:605277) Shares Dive 27%
Apr 21Xinya Electronic Co., Ltd.'s (SHSE:605277) Prospects Need A Boost To Lift Shares
Mar 01Financial Position Analysis
Short Term Liabilities: 605277's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 605277's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥440.1M).
Debt to Equity History and Analysis
Debt Level: 605277's net debt to equity ratio (45.8%) is considered high.
Reducing Debt: 605277's debt to equity ratio has increased from 19.4% to 67.5% over the past 5 years.
Debt Coverage: 605277's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 605277's interest payments on its debt are well covered by EBIT (9.8x coverage).