Changchun UP OptotechLtd Balance Sheet Health
Financial Health criteria checks 5/6
Changchun UP OptotechLtd has a total shareholder equity of CN¥1.5B and total debt of CN¥200.0M, which brings its debt-to-equity ratio to 13.4%. Its total assets and total liabilities are CN¥2.1B and CN¥624.2M respectively. Changchun UP OptotechLtd's EBIT is CN¥51.4M making its interest coverage ratio -1.5. It has cash and short-term investments of CN¥211.5M.
Key information
13.4%
Debt to equity ratio
CN¥200.04m
Debt
Interest coverage ratio | -1.5x |
Cash | CN¥211.54m |
Equity | CN¥1.49b |
Total liabilities | CN¥624.23m |
Total assets | CN¥2.11b |
Recent financial health updates
Recent updates
Changchun UP Optotech Co.,Ltd.'s (SZSE:002338) Intrinsic Value Is Potentially 45% Above Its Share Price
May 24Here's Why Changchun UP OptotechLtd (SZSE:002338) Can Manage Its Debt Responsibly
Mar 25Why Investors Shouldn't Be Surprised By Changchun UP Optotech Co.,Ltd.'s (SZSE:002338) 30% Share Price Surge
Mar 01Financial Position Analysis
Short Term Liabilities: 002338's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥330.7M).
Long Term Liabilities: 002338's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥293.5M).
Debt to Equity History and Analysis
Debt Level: 002338 has more cash than its total debt.
Reducing Debt: 002338's debt to equity ratio has increased from 0.9% to 13.4% over the past 5 years.
Debt Coverage: 002338's debt is well covered by operating cash flow (67.9%).
Interest Coverage: 002338 earns more interest than it pays, so coverage of interest payments is not a concern.