Guangdong Huicheng Vacuum Technology Balance Sheet Health
Financial Health criteria checks 5/6
Guangdong Huicheng Vacuum Technology has a total shareholder equity of CN¥733.9M and total debt of CN¥50.1M, which brings its debt-to-equity ratio to 6.8%. Its total assets and total liabilities are CN¥1.1B and CN¥342.3M respectively. Guangdong Huicheng Vacuum Technology's EBIT is CN¥84.6M making its interest coverage ratio 24.9. It has cash and short-term investments of CN¥206.4M.
Key information
6.8%
Debt to equity ratio
CN¥50.08m
Debt
| Interest coverage ratio | 24.9x |
| Cash | CN¥206.36m |
| Equity | CN¥733.91m |
| Total liabilities | CN¥342.26m |
| Total assets | CN¥1.08b |
Recent financial health updates
Recent updates
Guangdong Huicheng Vacuum Technology's (SZSE:301392) Profits Appear To Have Quality Issues
Nov 05
Guangdong Huicheng Vacuum Technology Co., Ltd. (SZSE:301392) Stock Rockets 26% As Investors Are Less Pessimistic Than Expected
Nov 02Is Guangdong Huicheng Vacuum Technology (SZSE:301392) A Risky Investment?
Oct 11Financial Position Analysis
Short Term Liabilities: 301392's short term assets (CN¥852.6M) exceed its short term liabilities (CN¥341.4M).
Long Term Liabilities: 301392's short term assets (CN¥852.6M) exceed its long term liabilities (CN¥813.7K).
Debt to Equity History and Analysis
Debt Level: 301392 has more cash than its total debt.
Reducing Debt: 301392's debt to equity ratio has reduced from 8.3% to 6.8% over the past 5 years.
Debt Coverage: 301392's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 301392's interest payments on its debt are well covered by EBIT (24.9x coverage).