Chang Lan Technology Group Balance Sheet Health
Financial Health criteria checks 5/6
Chang Lan Technology Group has a total shareholder equity of CN¥1.9B and total debt of CN¥100.9M, which brings its debt-to-equity ratio to 5.3%. Its total assets and total liabilities are CN¥2.5B and CN¥647.8M respectively. Chang Lan Technology Group's EBIT is CN¥92.7M making its interest coverage ratio -18.5. It has cash and short-term investments of CN¥404.6M.
Key information
5.3%
Debt to equity ratio
CN¥100.93m
Debt
| Interest coverage ratio | -18.5x |
| Cash | CN¥404.55m |
| Equity | CN¥1.89b |
| Total liabilities | CN¥647.81m |
| Total assets | CN¥2.54b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002879's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥619.5M).
Long Term Liabilities: 002879's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥28.3M).
Debt to Equity History and Analysis
Debt Level: 002879 has more cash than its total debt.
Reducing Debt: 002879's debt to equity ratio has increased from 0% to 5.3% over the past 5 years.
Debt Coverage: 002879's debt is well covered by operating cash flow (166.3%).
Interest Coverage: 002879 earns more interest than it pays, so coverage of interest payments is not a concern.