Aofu Environmental TechnologyLtd Balance Sheet Health
Financial Health criteria checks 4/6
Aofu Environmental TechnologyLtd has a total shareholder equity of CN¥888.4M and total debt of CN¥291.5M, which brings its debt-to-equity ratio to 32.8%. Its total assets and total liabilities are CN¥1.3B and CN¥382.6M respectively.
Key information
32.8%
Debt to equity ratio
CN¥291.48m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥87.44m |
| Equity | CN¥888.39m |
| Total liabilities | CN¥382.59m |
| Total assets | CN¥1.27b |
Recent financial health updates
No updates
Recent updates
Investors Still Aren't Entirely Convinced By Aofu Environmental Technology Co.,Ltd.'s (SHSE:688021) Revenues Despite 51% Price Jump
Oct 09
Aofu Environmental Technology Co.,Ltd. (SHSE:688021) Stock's 26% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Jun 07Take Care Before Jumping Onto Aofu Environmental Technology Co.,Ltd. (SHSE:688021) Even Though It's 26% Cheaper
Apr 21Aofu Environmental Technology Co.,Ltd.'s (SHSE:688021) Stock Retreats 26% But Revenues Haven't Escaped The Attention Of Investors
Feb 26Financial Position Analysis
Short Term Liabilities: 688021's short term assets (CN¥528.7M) exceed its short term liabilities (CN¥244.8M).
Long Term Liabilities: 688021's short term assets (CN¥528.7M) exceed its long term liabilities (CN¥137.8M).
Debt to Equity History and Analysis
Debt Level: 688021's net debt to equity ratio (23%) is considered satisfactory.
Reducing Debt: 688021's debt to equity ratio has increased from 31.2% to 32.8% over the past 5 years.
Debt Coverage: 688021's debt is well covered by operating cash flow (45.1%).
Interest Coverage: Insufficient data to determine if 688021's interest payments on its debt are well covered by EBIT.