Xinya Electronic Co., Ltd.

SHSE:605277 Stock Report

Market Cap: CN¥4.8b

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 ratio9.8x
CashCN¥307.08m
EquityCN¥1.41b
Total liabilitiesCN¥1.82b
Total assetsCN¥3.23b

Recent financial health updates

Recent updates

We Think Xinya Electronic (SHSE:605277) Can Stay On Top Of Its Debt

Oct 04
We Think Xinya Electronic (SHSE:605277) Can Stay On Top Of Its Debt

Xinya Electronic (SHSE:605277) Has A Pretty Healthy Balance Sheet

Jun 07
Xinya Electronic (SHSE:605277) Has A Pretty Healthy Balance Sheet

Risks Still Elevated At These Prices As Xinya Electronic Co., Ltd. (SHSE:605277) Shares Dive 27%

Apr 21
Risks Still Elevated At These Prices As Xinya Electronic Co., Ltd. (SHSE:605277) Shares Dive 27%

Xinya Electronic Co., Ltd.'s (SHSE:605277) Prospects Need A Boost To Lift Shares

Mar 01
Xinya Electronic Co., Ltd.'s (SHSE:605277) Prospects Need A Boost To Lift Shares

Financial 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).


Balance Sheet


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