Focused Photonics (Hangzhou) Balance Sheet Health
Financial Health criteria checks 2/6
Focused Photonics (Hangzhou) has a total shareholder equity of CN¥3.3B and total debt of CN¥3.5B, which brings its debt-to-equity ratio to 105.8%. Its total assets and total liabilities are CN¥9.4B and CN¥6.1B respectively. Focused Photonics (Hangzhou)'s EBIT is CN¥21.6M making its interest coverage ratio 0.4. It has cash and short-term investments of CN¥1.0B.
Key information
105.8%
Debt to equity ratio
CN¥3.46b
Debt
| Interest coverage ratio | 0.4x |
| Cash | CN¥1.01b |
| Equity | CN¥3.27b |
| Total liabilities | CN¥6.12b |
| Total assets | CN¥9.39b |
Recent financial health updates
Focused Photonics (Hangzhou) (SZSE:300203) Is Making Moderate Use Of Debt
Sep 27
Is Focused Photonics (Hangzhou) (SZSE:300203) Weighed On By Its Debt Load?
Jun 26Recent updates
Improved Revenues Required Before Focused Photonics (Hangzhou), Inc. (SZSE:300203) Stock's 31% Jump Looks Justified
Oct 01Focused Photonics (Hangzhou) (SZSE:300203) Is Making Moderate Use Of Debt
Sep 27Is Focused Photonics (Hangzhou) (SZSE:300203) Weighed On By Its Debt Load?
Jun 26Not Many Are Piling Into Focused Photonics (Hangzhou), Inc. (SZSE:300203) Stock Yet As It Plummets 32%
Apr 19Focused Photonics (Hangzhou), Inc. (SZSE:300203) Stock Rockets 28% But Many Are Still Ignoring The Company
Mar 05Financial Position Analysis
Short Term Liabilities: 300203's short term assets (CN¥3.9B) exceed its short term liabilities (CN¥3.5B).
Long Term Liabilities: 300203's short term assets (CN¥3.9B) exceed its long term liabilities (CN¥2.6B).
Debt to Equity History and Analysis
Debt Level: 300203's net debt to equity ratio (75%) is considered high.
Reducing Debt: 300203's debt to equity ratio has increased from 67.1% to 105.8% over the past 5 years.
Debt Coverage: 300203's debt is not well covered by operating cash flow (19.7%).
Interest Coverage: 300203's interest payments on its debt are not well covered by EBIT (0.4x coverage).