Hangzhou Kelin Electric Balance Sheet Health
Financial Health criteria checks 5/6
Hangzhou Kelin Electric has a total shareholder equity of CN¥867.2M and total debt of CN¥22.0M, which brings its debt-to-equity ratio to 2.5%. Its total assets and total liabilities are CN¥1.0B and CN¥156.8M respectively. Hangzhou Kelin Electric's EBIT is CN¥52.3M making its interest coverage ratio -6.2. It has cash and short-term investments of CN¥265.6M.
Key information
2.5%
Debt to equity ratio
CN¥22.00m
Debt
| Interest coverage ratio | -6.2x |
| Cash | CN¥265.64m |
| Equity | CN¥867.22m |
| Total liabilities | CN¥156.83m |
| Total assets | CN¥1.02b |
Recent financial health updates
No updates
Recent updates
There Are Some Reasons To Suggest That Hangzhou Kelin Electric's (SHSE:688611) Earnings Are A Poor Reflection Of Profitability
Nov 07
Hangzhou Kelin Electric Co., Ltd.'s (SHSE:688611) 33% Share Price Surge Not Quite Adding Up
Oct 01Subdued Growth No Barrier To Hangzhou Kelin Electric Co., Ltd. (SHSE:688611) With Shares Advancing 35%
May 21Hangzhou Kelin Electric's (SHSE:688611) Problems Go Beyond Weak Profit
May 03Optimistic Investors Push Hangzhou Kelin Electric Co., Ltd. (SHSE:688611) Shares Up 35% But Growth Is Lacking
Mar 25Financial Position Analysis
Short Term Liabilities: 688611's short term assets (CN¥511.9M) exceed its short term liabilities (CN¥148.9M).
Long Term Liabilities: 688611's short term assets (CN¥511.9M) exceed its long term liabilities (CN¥7.9M).
Debt to Equity History and Analysis
Debt Level: 688611 has more cash than its total debt.
Reducing Debt: 688611's debt to equity ratio has increased from 0% to 2.5% over the past 5 years.
Debt Coverage: 688611's debt is well covered by operating cash flow (320%).
Interest Coverage: 688611 earns more interest than it pays, so coverage of interest payments is not a concern.