Focused Photonics (Hangzhou) Balance Sheet Health
Financial Health criteria checks 2/6
Focused Photonics (Hangzhou) has a total shareholder equity of CN¥3.2B and total debt of CN¥3.6B, which brings its debt-to-equity ratio to 114.5%. Its total assets and total liabilities are CN¥9.7B and CN¥6.6B respectively.
Key information
114.5%
Debt to equity ratio
CN¥3.62b
Debt
Interest coverage ratio | n/a |
Cash | CN¥1.26b |
Equity | CN¥3.16b |
Total liabilities | CN¥6.55b |
Total assets | CN¥9.72b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300203's short term assets (CN¥4.2B) exceed its short term liabilities (CN¥3.7B).
Long Term Liabilities: 300203's short term assets (CN¥4.2B) exceed its long term liabilities (CN¥2.8B).
Debt to Equity History and Analysis
Debt Level: 300203's net debt to equity ratio (74.7%) is considered high.
Reducing Debt: 300203's debt to equity ratio has increased from 55.3% to 114.5% over the past 5 years.
Debt Coverage: 300203's debt is not well covered by operating cash flow (7.5%).
Interest Coverage: Insufficient data to determine if 300203's interest payments on its debt are well covered by EBIT.