Guangzhou Haoyang ElectronicLtd Balance Sheet Health
Financial Health criteria checks 6/6
Guangzhou Haoyang ElectronicLtd has a total shareholder equity of CN¥2.4B and total debt of CN¥9.2M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are CN¥2.6B and CN¥221.1M respectively. Guangzhou Haoyang ElectronicLtd's EBIT is CN¥329.4M making its interest coverage ratio -11.6. It has cash and short-term investments of CN¥1.5B.
Key information
0.4%
Debt to equity ratio
CN¥9.17m
Debt
| Interest coverage ratio | -11.6x |
| Cash | CN¥1.51b |
| Equity | CN¥2.41b |
| Total liabilities | CN¥221.05m |
| Total assets | CN¥2.63b |
Recent financial health updates
No updates
Recent updates
Guangzhou Haoyang ElectronicLtd's (SZSE:300833) Problems Go Beyond Weak Profit
Nov 06
Guangzhou Haoyang ElectronicLtd's (SZSE:300833) Returns On Capital Not Reflecting Well On The Business
Sep 27Benign Growth For Guangzhou Haoyang Electronic Co.,Ltd. (SZSE:300833) Underpins Stock's 26% Plummet
Jul 17Guangzhou Haoyang ElectronicLtd (SZSE:300833) Has Announced That It Will Be Increasing Its Dividend To CN¥2.40
Jun 05Be Wary Of Guangzhou Haoyang ElectronicLtd (SZSE:300833) And Its Returns On Capital
May 30Guangzhou Haoyang ElectronicLtd's (SZSE:300833) Anemic Earnings Might Be Worse Than You Think
May 01Analysts Just Shaved Their Guangzhou Haoyang Electronic Co.,Ltd. (SZSE:300833) Forecasts Dramatically
Apr 28Guangzhou Haoyang Electronic Co.,Ltd. (SZSE:300833) Screens Well But There Might Be A Catch
Mar 25Guangzhou Haoyang ElectronicLtd (SZSE:300833) Is Reinvesting At Lower Rates Of Return
Feb 29Financial Position Analysis
Short Term Liabilities: 300833's short term assets (CN¥2.1B) exceed its short term liabilities (CN¥193.0M).
Long Term Liabilities: 300833's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥28.0M).
Debt to Equity History and Analysis
Debt Level: 300833 has more cash than its total debt.
Reducing Debt: 300833's debt to equity ratio has reduced from 1.8% to 0.4% over the past 5 years.
Debt Coverage: 300833's debt is well covered by operating cash flow (3148.5%).
Interest Coverage: 300833 earns more interest than it pays, so coverage of interest payments is not a concern.