Kunshan GuoLi Electronic Technology Co., Ltd.

XSSC:688103 Stock Report

Market Cap: CN¥4.0b

Kunshan GuoLi Electronic Technology Balance Sheet Health

Financial Health criteria checks 4/6

Kunshan GuoLi Electronic Technology has a total shareholder equity of CN¥1.1B and total debt of CN¥461.3M, which brings its debt-to-equity ratio to 41.2%. Its total assets and total liabilities are CN¥2.1B and CN¥1.0B respectively. Kunshan GuoLi Electronic Technology's EBIT is CN¥23.7M making its interest coverage ratio -4.5. It has cash and short-term investments of CN¥778.2M.

Key information

41.2%

Debt to equity ratio

CN¥461.27m

Debt

Interest coverage ratio-4.5x
CashCN¥778.19m
EquityCN¥1.12b
Total liabilitiesCN¥1.01b
Total assetsCN¥2.13b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 688103's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥536.5M).

Long Term Liabilities: 688103's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥471.3M).


Debt to Equity History and Analysis

Debt Level: 688103 has more cash than its total debt.

Reducing Debt: 688103's debt to equity ratio has increased from 16.1% to 41.2% over the past 5 years.

Debt Coverage: 688103's debt is not well covered by operating cash flow (19.9%).

Interest Coverage: 688103 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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