Guangdong Yangshan United Precision Manufacturing Balance Sheet Health
Financial Health criteria checks 6/6
Guangdong Yangshan United Precision Manufacturing has a total shareholder equity of CN¥1.0B and total debt of CN¥34.0M, which brings its debt-to-equity ratio to 3.4%. Its total assets and total liabilities are CN¥1.2B and CN¥179.9M respectively. Guangdong Yangshan United Precision Manufacturing's EBIT is CN¥78.9M making its interest coverage ratio 28.4. It has cash and short-term investments of CN¥76.5M.
Key information
3.4%
Debt to equity ratio
CN¥34.02m
Debt
Interest coverage ratio | 28.4x |
Cash | CN¥76.52m |
Equity | CN¥1.00b |
Total liabilities | CN¥179.90m |
Total assets | CN¥1.18b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 001268's short term assets (CN¥570.4M) exceed its short term liabilities (CN¥147.3M).
Long Term Liabilities: 001268's short term assets (CN¥570.4M) exceed its long term liabilities (CN¥32.6M).
Debt to Equity History and Analysis
Debt Level: 001268 has more cash than its total debt.
Reducing Debt: 001268's debt to equity ratio has reduced from 20.6% to 3.4% over the past 5 years.
Debt Coverage: 001268's debt is well covered by operating cash flow (316.3%).
Interest Coverage: 001268's interest payments on its debt are well covered by EBIT (28.4x coverage).