Jinhua Chunguang TechnologyLtd Balance Sheet Health
Financial Health criteria checks 4/6
Jinhua Chunguang TechnologyLtd has a total shareholder equity of CN¥941.6M and total debt of CN¥322.8M, which brings its debt-to-equity ratio to 34.3%. Its total assets and total liabilities are CN¥2.0B and CN¥1.0B respectively. Jinhua Chunguang TechnologyLtd's EBIT is CN¥2.2M making its interest coverage ratio -0.4. It has cash and short-term investments of CN¥538.2M.
Key information
34.3%
Debt to equity ratio
CN¥322.75m
Debt
Interest coverage ratio | -0.4x |
Cash | CN¥538.22m |
Equity | CN¥941.62m |
Total liabilities | CN¥1.01b |
Total assets | CN¥1.95b |
Recent financial health updates
No updates
Recent updates
Jinhua Chunguang TechnologyLtd's (SHSE:603657) Soft Earnings Don't Show The Whole Picture
Apr 26Jinhua Chunguang Technology Co.,Ltd (SHSE:603657) Stock Rockets 67% But Many Are Still Ignoring The Company
Apr 23Jinhua Chunguang Technology Co.,Ltd (SHSE:603657) Stock Rockets 27% But Many Are Still Ignoring The Company
Mar 08Financial Position Analysis
Short Term Liabilities: 603657's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥989.9M).
Long Term Liabilities: 603657's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥23.2M).
Debt to Equity History and Analysis
Debt Level: 603657 has more cash than its total debt.
Reducing Debt: 603657's debt to equity ratio has increased from 3% to 34.3% over the past 5 years.
Debt Coverage: 603657's debt is not well covered by operating cash flow (0.06%).
Interest Coverage: 603657 earns more interest than it pays, so coverage of interest payments is not a concern.