Xi'an Bright Laser Technologies Co.,Ltd.

XSSC:688333 Stock Report

Market Cap: CN¥12.7b

Xi'an Bright Laser TechnologiesLtd Balance Sheet Health

Financial Health criteria checks 5/6

Xi'an Bright Laser TechnologiesLtd has a total shareholder equity of CN¥4.9B and total debt of CN¥769.1M, which brings its debt-to-equity ratio to 15.8%. Its total assets and total liabilities are CN¥6.7B and CN¥1.9B respectively. Xi'an Bright Laser TechnologiesLtd's EBIT is CN¥120.3M making its interest coverage ratio 18.6. It has cash and short-term investments of CN¥2.5B.

Key information

15.8%

Debt to equity ratio

CN¥769.14m

Debt

Interest coverage ratio18.6x
CashCN¥2.53b
EquityCN¥4.87b
Total liabilitiesCN¥1.86b
Total assetsCN¥6.73b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 688333's short term assets (CN¥4.5B) exceed its short term liabilities (CN¥1.4B).

Long Term Liabilities: 688333's short term assets (CN¥4.5B) exceed its long term liabilities (CN¥469.2M).


Debt to Equity History and Analysis

Debt Level: 688333 has more cash than its total debt.

Reducing Debt: 688333's debt to equity ratio has reduced from 27.5% to 15.8% over the past 5 years.

Debt Coverage: 688333's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 688333's interest payments on its debt are well covered by EBIT (18.6x coverage).


Balance Sheet


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