Changchun UP OptotechLtd Balance Sheet Health
Financial Health criteria checks 4/6
Changchun UP OptotechLtd has a total shareholder equity of CN¥1.6B and total debt of CN¥233.9M, which brings its debt-to-equity ratio to 14.7%. Its total assets and total liabilities are CN¥2.2B and CN¥565.1M respectively. Changchun UP OptotechLtd's EBIT is CN¥42.6M making its interest coverage ratio -1.3. It has cash and short-term investments of CN¥144.3M.
Key information
14.7%
Debt to equity ratio
CN¥233.87m
Debt
| Interest coverage ratio | -1.3x |
| Cash | CN¥144.35m |
| Equity | CN¥1.59b |
| Total liabilities | CN¥565.10m |
| Total assets | CN¥2.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002338's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥234.5M).
Long Term Liabilities: 002338's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥330.6M).
Debt to Equity History and Analysis
Debt Level: 002338's net debt to equity ratio (5.6%) is considered satisfactory.
Reducing Debt: 002338's debt to equity ratio has increased from 0.9% to 14.7% over the past 5 years.
Debt Coverage: 002338's debt is not well covered by operating cash flow (9.5%).
Interest Coverage: 002338 earns more interest than it pays, so coverage of interest payments is not a concern.