Gotion High-techLtd Balance Sheet Health
Financial Health criteria checks 1/6
Gotion High-techLtd has a total shareholder equity of CN¥25.7B and total debt of CN¥42.8B, which brings its debt-to-equity ratio to 166.5%. Its total assets and total liabilities are CN¥97.6B and CN¥71.9B respectively. Gotion High-techLtd's EBIT is CN¥380.2M making its interest coverage ratio 0.5. It has cash and short-term investments of CN¥17.9B.
Key information
166.5%
Debt to equity ratio
CN¥42.77b
Debt
| Interest coverage ratio | 0.5x |
| Cash | CN¥17.94b |
| Equity | CN¥25.69b |
| Total liabilities | CN¥71.89b |
| Total assets | CN¥97.57b |
Recent financial health updates
Recent updates
Gotion High-tech Co.,Ltd.'s (SZSE:002074) Shares May Have Run Too Fast Too Soon
Jul 16
Gotion High-techLtd's (SZSE:002074) Attractive Earnings Are Not All Good News For Shareholders
Apr 26Earnings Miss: Gotion High-tech Co.,Ltd. Missed EPS By 68% And Analysts Are Revising Their Forecasts
Apr 23Investors Will Want Gotion High-techLtd's (SZSE:002074) Growth In ROCE To Persist
Apr 21Here's Why Gotion High-techLtd (SZSE:002074) Can Afford Some Debt
Mar 26Financial Position Analysis
Short Term Liabilities: 002074's short term assets (CN¥44.5B) do not cover its short term liabilities (CN¥47.2B).
Long Term Liabilities: 002074's short term assets (CN¥44.5B) exceed its long term liabilities (CN¥24.7B).
Debt to Equity History and Analysis
Debt Level: 002074's net debt to equity ratio (96.7%) is considered high.
Reducing Debt: 002074's debt to equity ratio has increased from 48.2% to 166.5% over the past 5 years.
Debt Coverage: 002074's debt is not well covered by operating cash flow (5.7%).
Interest Coverage: 002074's interest payments on its debt are not well covered by EBIT (0.5x coverage).