Nantong Guosheng Intelligence Technology Group Balance Sheet Health
Financial Health criteria checks 5/6
Nantong Guosheng Intelligence Technology Group has a total shareholder equity of CN¥1.6B and total debt of CN¥48.6M, which brings its debt-to-equity ratio to 3%. Its total assets and total liabilities are CN¥2.0B and CN¥425.3M respectively. Nantong Guosheng Intelligence Technology Group's EBIT is CN¥115.1M making its interest coverage ratio -4.9. It has cash and short-term investments of CN¥119.8M.
Key information
3.0%
Debt to equity ratio
CN¥48.57m
Debt
| Interest coverage ratio | -4.9x |
| Cash | CN¥119.79m |
| Equity | CN¥1.62b |
| Total liabilities | CN¥425.29m |
| Total assets | CN¥2.05b |
Recent financial health updates
No updates
Recent updates
Nantong Guosheng Intelligence Technology Group Co., Ltd.'s (SHSE:688558) Shares Bounce 44% But Its Business Still Trails The Market
Oct 09
A Look At The Fair Value Of Nantong Guosheng Intelligence Technology Group Co., Ltd. (SHSE:688558)
Sep 27Insufficient Growth At Nantong Guosheng Intelligence Technology Group Co., Ltd. (SHSE:688558) Hampers Share Price
Jun 06Be Wary Of Nantong Guosheng Intelligence Technology Group (SHSE:688558) And Its Returns On Capital
Mar 28Nantong Guosheng Intelligence Technology Group Co., Ltd. (SHSE:688558) Surges 25% Yet Its Low P/E Is No Reason For Excitement
Mar 01Financial Position Analysis
Short Term Liabilities: 688558's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥402.9M).
Long Term Liabilities: 688558's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥22.4M).
Debt to Equity History and Analysis
Debt Level: 688558 has more cash than its total debt.
Reducing Debt: 688558's debt to equity ratio has increased from 0% to 3% over the past 5 years.
Debt Coverage: 688558's debt is well covered by operating cash flow (336.2%).
Interest Coverage: 688558 earns more interest than it pays, so coverage of interest payments is not a concern.