Yeal Electric Co., Ltd.

SZSE:300923 Stock Report

Market Cap: CN¥1.8b

Yeal Electric Balance Sheet Health

Financial Health criteria checks 6/6

Yeal Electric has a total shareholder equity of CN¥1.1B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.3B and CN¥163.5M respectively. Yeal Electric's EBIT is CN¥40.1M making its interest coverage ratio -6.8. It has cash and short-term investments of CN¥287.3M.

Key information

0%

Debt to equity ratio

CN¥0

Debt

Interest coverage ratio-6.8x
CashCN¥287.31m
EquityCN¥1.13b
Total liabilitiesCN¥163.51m
Total assetsCN¥1.30b

Recent financial health updates

No updates

Recent updates

Yeal Electric Co., Ltd.'s (SZSE:300923) Shares May Have Run Too Fast Too Soon

Jul 15
Yeal Electric Co., Ltd.'s (SZSE:300923) Shares May Have Run Too Fast Too Soon

Yeal Electric's (SZSE:300923) Returns On Capital Not Reflecting Well On The Business

Mar 06
Yeal Electric's (SZSE:300923) Returns On Capital Not Reflecting Well On The Business

Financial Position Analysis

Short Term Liabilities: 300923's short term assets (CN¥1.0B) exceed its short term liabilities (CN¥157.3M).

Long Term Liabilities: 300923's short term assets (CN¥1.0B) exceed its long term liabilities (CN¥6.2M).


Debt to Equity History and Analysis

Debt Level: 300923 is debt free.

Reducing Debt: 300923 has no debt compared to 5 years ago when its debt to equity ratio was 2.8%.

Debt Coverage: 300923 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 300923 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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