Wuhan East Lake High Technology Group Balance Sheet Health
Financial Health criteria checks 4/6
Wuhan East Lake High Technology Group has a total shareholder equity of CN¥9.2B and total debt of CN¥5.4B, which brings its debt-to-equity ratio to 58.4%. Its total assets and total liabilities are CN¥18.1B and CN¥8.8B respectively. Wuhan East Lake High Technology Group's EBIT is CN¥546.7M making its interest coverage ratio -0.5. It has cash and short-term investments of CN¥1.6B.
Key information
58.4%
Debt to equity ratio
CN¥5.40b
Debt
| Interest coverage ratio | -0.5x |
| Cash | CN¥1.64b |
| Equity | CN¥9.24b |
| Total liabilities | CN¥8.83b |
| Total assets | CN¥18.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600133's short term assets (CN¥9.3B) exceed its short term liabilities (CN¥5.4B).
Long Term Liabilities: 600133's short term assets (CN¥9.3B) exceed its long term liabilities (CN¥3.4B).
Debt to Equity History and Analysis
Debt Level: 600133's net debt to equity ratio (40.6%) is considered high.
Reducing Debt: 600133's debt to equity ratio has reduced from 222.7% to 58.4% over the past 5 years.
Debt Coverage: 600133's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 600133 earns more interest than it pays, so coverage of interest payments is not a concern.