Guangdong Greenway Technology Co.,Ltd

SHSE:688345 Stock Report

Market Cap: CN¥2.2b

Guangdong Greenway TechnologyLtd Balance Sheet Health

Financial Health criteria checks 3/6

Guangdong Greenway TechnologyLtd has a total shareholder equity of CN¥1.1B and total debt of CN¥507.1M, which brings its debt-to-equity ratio to 45.1%. Its total assets and total liabilities are CN¥2.6B and CN¥1.5B respectively.

Key information

45.1%

Debt to equity ratio

CN¥507.14m

Debt

Interest coverage ration/a
CashCN¥306.83m
EquityCN¥1.13b
Total liabilitiesCN¥1.49b
Total assetsCN¥2.62b

Recent financial health updates

No updates

Recent updates

Guangdong Greenway Technology Co.,Ltd (SHSE:688345) Stock Catapults 28% Though Its Price And Business Still Lag The Industry

Sep 30
Guangdong Greenway Technology Co.,Ltd (SHSE:688345) Stock Catapults 28% Though Its Price And Business Still Lag The Industry

Guangdong Greenway Technology Co.,Ltd (SHSE:688345) Soars 30% But It's A Story Of Risk Vs Reward

Mar 09
Guangdong Greenway Technology Co.,Ltd (SHSE:688345) Soars 30% But It's A Story Of Risk Vs Reward

Financial Position Analysis

Short Term Liabilities: 688345's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥1.4B).

Long Term Liabilities: 688345's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥89.9M).


Debt to Equity History and Analysis

Debt Level: 688345's net debt to equity ratio (17.8%) is considered satisfactory.

Reducing Debt: 688345's debt to equity ratio has increased from 10.1% to 45.1% over the past 5 years.

Debt Coverage: 688345's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if 688345's interest payments on its debt are well covered by EBIT.


Balance Sheet


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