Bozhon Precision Industry TechnologyLtd Balance Sheet Health
Financial Health criteria checks 4/6
Bozhon Precision Industry TechnologyLtd has a total shareholder equity of CN¥4.2B and total debt of CN¥1.8B, which brings its debt-to-equity ratio to 44.2%. Its total assets and total liabilities are CN¥8.8B and CN¥4.7B respectively. Bozhon Precision Industry TechnologyLtd's EBIT is CN¥354.1M making its interest coverage ratio 9. It has cash and short-term investments of CN¥1.1B.
Key information
44.2%
Debt to equity ratio
CN¥1.85b
Debt
| Interest coverage ratio | 9x |
| Cash | CN¥1.07b |
| Equity | CN¥4.18b |
| Total liabilities | CN¥4.65b |
| Total assets | CN¥8.83b |
Recent financial health updates
No updates
Recent updates
Why Bozhon Precision Industry TechnologyLtd's (SHSE:688097) Shaky Earnings Are Just The Beginning Of Its Problems
Sep 05
Bozhon Precision Industry TechnologyLtd (SHSE:688097) Will Be Hoping To Turn Its Returns On Capital Around
Aug 27It's A Story Of Risk Vs Reward With Bozhon Precision Industry Technology Co.,Ltd. (SHSE:688097)
Jun 17The Market Lifts Bozhon Precision Industry Technology Co.,Ltd. (SHSE:688097) Shares 29% But It Can Do More
Mar 04Financial Position Analysis
Short Term Liabilities: 688097's short term assets (CN¥7.6B) exceed its short term liabilities (CN¥4.2B).
Long Term Liabilities: 688097's short term assets (CN¥7.6B) exceed its long term liabilities (CN¥406.1M).
Debt to Equity History and Analysis
Debt Level: 688097's net debt to equity ratio (18.7%) is considered satisfactory.
Reducing Debt: 688097's debt to equity ratio has increased from 33.6% to 44.2% over the past 5 years.
Debt Coverage: 688097's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 688097's interest payments on its debt are well covered by EBIT (9x coverage).