Luolai Lifestyle Technology Balance Sheet Health
Financial Health criteria checks 5/6
Luolai Lifestyle Technology has a total shareholder equity of CN¥4.0B and total debt of CN¥332.7M, which brings its debt-to-equity ratio to 8.3%. Its total assets and total liabilities are CN¥6.3B and CN¥2.3B respectively. Luolai Lifestyle Technology's EBIT is CN¥428.1M making its interest coverage ratio -8.4. It has cash and short-term investments of CN¥1.9B.
Key information
8.3%
Debt to equity ratio
CN¥332.69m
Debt
| Interest coverage ratio | -8.4x |
| Cash | CN¥1.90b |
| Equity | CN¥4.01b |
| Total liabilities | CN¥2.29b |
| Total assets | CN¥6.30b |
Recent financial health updates
No updates
Recent updates
Weak Statutory Earnings May Not Tell The Whole Story For Luolai Lifestyle Technology (SZSE:002293)
Nov 04
Luolai Lifestyle Technology (SZSE:002293) Will Be Looking To Turn Around Its Returns
Oct 01Are Investors Undervaluing Luolai Lifestyle Technology Co., Ltd. (SZSE:002293) By 26%?
Jul 25Luolai Lifestyle Technology (SZSE:002293) Has Announced That Its Dividend Will Be Reduced To CN¥0.40
Jun 11Some Investors May Be Willing To Look Past Luolai Lifestyle Technology's (SZSE:002293) Soft Earnings
May 03Estimating The Intrinsic Value Of Luolai Lifestyle Technology Co., Ltd. (SZSE:002293)
Mar 11Financial Position Analysis
Short Term Liabilities: 002293's short term assets (CN¥3.6B) exceed its short term liabilities (CN¥1.9B).
Long Term Liabilities: 002293's short term assets (CN¥3.6B) exceed its long term liabilities (CN¥391.1M).
Debt to Equity History and Analysis
Debt Level: 002293 has more cash than its total debt.
Reducing Debt: 002293's debt to equity ratio has increased from 0.6% to 8.3% over the past 5 years.
Debt Coverage: 002293's debt is well covered by operating cash flow (227.3%).
Interest Coverage: 002293 earns more interest than it pays, so coverage of interest payments is not a concern.