Hangzhou Weiguang ElectronicLtd Balance Sheet Health
Financial Health criteria checks 6/6
Hangzhou Weiguang ElectronicLtd has a total shareholder equity of CN¥1.7B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥2.0B and CN¥363.8M respectively. Hangzhou Weiguang ElectronicLtd's EBIT is CN¥311.2M making its interest coverage ratio -15. It has cash and short-term investments of CN¥787.2M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -15x |
| Cash | CN¥787.20m |
| Equity | CN¥1.67b |
| Total liabilities | CN¥363.83m |
| Total assets | CN¥2.03b |
Recent financial health updates
No updates
Recent updates
There May Be Some Bright Spots In Hangzhou Weiguang ElectronicLtd's (SZSE:002801) Earnings
Nov 04
Hangzhou Weiguang Electronic Co.,Ltd.'s (SZSE:002801) Popularity With Investors Is Clear
Sep 29Investors Can Find Comfort In Hangzhou Weiguang ElectronicLtd's (SZSE:002801) Earnings Quality
May 06Hangzhou Weiguang Electronic Co.,Ltd. (SZSE:002801) Surges 29% Yet Its Low P/E Is No Reason For Excitement
Mar 06Financial Position Analysis
Short Term Liabilities: 002801's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥352.5M).
Long Term Liabilities: 002801's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥11.4M).
Debt to Equity History and Analysis
Debt Level: 002801 is debt free.
Reducing Debt: 002801 has no debt compared to 5 years ago when its debt to equity ratio was 3%.
Debt Coverage: 002801 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 002801 has no debt, therefore coverage of interest payments is not a concern.