Wuhan Yifi Laser Balance Sheet Health
Financial Health criteria checks 4/6
Wuhan Yifi Laser has a total shareholder equity of CN¥1.6B and total debt of CN¥307.6M, which brings its debt-to-equity ratio to 19%. Its total assets and total liabilities are CN¥2.7B and CN¥1.1B respectively. Wuhan Yifi Laser's EBIT is CN¥69.6M making its interest coverage ratio -5.1. It has cash and short-term investments of CN¥886.5M.
Key information
19.0%
Debt to equity ratio
CN¥307.57m
Debt
| Interest coverage ratio | -5.1x |
| Cash | CN¥886.53m |
| Equity | CN¥1.62b |
| Total liabilities | CN¥1.07b |
| Total assets | CN¥2.69b |
Recent financial health updates
No updates
Recent updates
Wuhan Yifi Laser Corporation Limited's (SHSE:688646) Price Is Right But Growth Is Lacking After Shares Rocket 28%
Nov 12
There Are Some Reasons To Suggest That Wuhan Yifi Laser's (SHSE:688646) Earnings Are A Poor Reflection Of Profitability
Nov 11Investors Will Want Wuhan Yifi Laser's (SHSE:688646) Growth In ROCE To Persist
Sep 30Solid Earnings May Not Tell The Whole Story For Wuhan Yifi Laser (SHSE:688646)
May 06Wuhan Yifi Laser Corporation Limited (SHSE:688646) Soars 28% But It's A Story Of Risk Vs Reward
Mar 04Financial Position Analysis
Short Term Liabilities: 688646's short term assets (CN¥2.1B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 688646's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥13.5M).
Debt to Equity History and Analysis
Debt Level: 688646 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 688646's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 688646's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 688646 earns more interest than it pays, so coverage of interest payments is not a concern.