Yuneng Technology Balance Sheet Health
Financial Health criteria checks 6/6
Yuneng Technology has a total shareholder equity of CN¥3.7B and total debt of CN¥506.5M, which brings its debt-to-equity ratio to 13.7%. Its total assets and total liabilities are CN¥4.9B and CN¥1.2B respectively. Yuneng Technology's EBIT is CN¥146.1M making its interest coverage ratio -10.3. It has cash and short-term investments of CN¥2.2B.
Key information
13.7%
Debt to equity ratio
CN¥506.54m
Debt
| Interest coverage ratio | -10.3x |
| Cash | CN¥2.17b |
| Equity | CN¥3.70b |
| Total liabilities | CN¥1.18b |
| Total assets | CN¥4.88b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688348's short term assets (CN¥4.2B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 688348's short term assets (CN¥4.2B) exceed its long term liabilities (CN¥123.4M).
Debt to Equity History and Analysis
Debt Level: 688348 has more cash than its total debt.
Reducing Debt: 688348's debt to equity ratio has reduced from 113% to 13.7% over the past 5 years.
Debt Coverage: 688348's debt is well covered by operating cash flow (136%).
Interest Coverage: 688348 earns more interest than it pays, so coverage of interest payments is not a concern.