Qingdao Guolin Technology GroupLtd Balance Sheet Health
Financial Health criteria checks 3/6
Qingdao Guolin Technology GroupLtd has a total shareholder equity of CN¥1.2B and total debt of CN¥106.0M, which brings its debt-to-equity ratio to 8.9%. Its total assets and total liabilities are CN¥1.7B and CN¥553.9M respectively.
Key information
8.9%
Debt to equity ratio
CN¥105.96m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥174.45m |
| Equity | CN¥1.19b |
| Total liabilities | CN¥553.88m |
| Total assets | CN¥1.75b |
Recent financial health updates
No updates
Recent updates
Qingdao Guolin Technology Group Co.,Ltd.'s (SZSE:300786) P/S Is Still On The Mark Following 35% Share Price Bounce
Oct 14
Subdued Growth No Barrier To Qingdao Guolin Technology Group Co.,Ltd.'s (SZSE:300786) Price
Aug 30Qingdao Guolin Technology Group Co.,Ltd.'s (SZSE:300786) 35% Jump Shows Its Popularity With Investors
Mar 06Financial Position Analysis
Short Term Liabilities: 300786's short term assets (CN¥875.3M) exceed its short term liabilities (CN¥396.2M).
Long Term Liabilities: 300786's short term assets (CN¥875.3M) exceed its long term liabilities (CN¥157.7M).
Debt to Equity History and Analysis
Debt Level: 300786 has more cash than its total debt.
Reducing Debt: 300786's debt to equity ratio has increased from 4.4% to 8.9% over the past 5 years.
Debt Coverage: 300786's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 300786's interest payments on its debt are well covered by EBIT.