Kunshan Dongwei TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Kunshan Dongwei TechnologyLtd has a total shareholder equity of CN¥1.7B and total debt of CN¥3.1M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are CN¥2.5B and CN¥745.6M respectively. Kunshan Dongwei TechnologyLtd's EBIT is CN¥187.8M making its interest coverage ratio -17.1. It has cash and short-term investments of CN¥406.5M.
Key information
0.2%
Debt to equity ratio
CN¥3.08m
Debt
| Interest coverage ratio | -17.1x |
| Cash | CN¥406.47m |
| Equity | CN¥1.74b |
| Total liabilities | CN¥745.61m |
| Total assets | CN¥2.48b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688700's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥697.1M).
Long Term Liabilities: 688700's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥48.5M).
Debt to Equity History and Analysis
Debt Level: 688700 has more cash than its total debt.
Reducing Debt: 688700's debt to equity ratio has reduced from 19.9% to 0.2% over the past 5 years.
Debt Coverage: 688700's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 688700 earns more interest than it pays, so coverage of interest payments is not a concern.