Hangzhou Wensli Silk Culture Balance Sheet Health
Financial Health criteria checks 5/6
Hangzhou Wensli Silk Culture has a total shareholder equity of CN¥675.1M and total debt of CN¥73.0M, which brings its debt-to-equity ratio to 10.8%. Its total assets and total liabilities are CN¥1.0B and CN¥331.0M respectively. Hangzhou Wensli Silk Culture's EBIT is CN¥27.1M making its interest coverage ratio -4.6. It has cash and short-term investments of CN¥212.7M.
Key information
10.8%
Debt to equity ratio
CN¥73.03m
Debt
| Interest coverage ratio | -4.6x |
| Cash | CN¥212.70m |
| Equity | CN¥675.14m |
| Total liabilities | CN¥330.96m |
| Total assets | CN¥1.01b |
Recent financial health updates
No updates
Recent updates
Hangzhou Wensli Silk Culture (SZSE:301066) Is Posting Healthy Earnings, But It Is Not All Good News
Nov 08
Optimistic Investors Push Hangzhou Wensli Silk Culture Co., Ltd. (SZSE:301066) Shares Up 28% But Growth Is Lacking
Oct 24Hangzhou Wensli Silk Culture's (SZSE:301066) Performance Is Even Better Than Its Earnings Suggest
May 02Be Wary Of Hangzhou Wensli Silk Culture (SZSE:301066) And Its Returns On Capital
Apr 27Unpleasant Surprises Could Be In Store For Hangzhou Wensli Silk Culture Co., Ltd.'s (SZSE:301066) Shares
Feb 26Financial Position Analysis
Short Term Liabilities: 301066's short term assets (CN¥496.0M) exceed its short term liabilities (CN¥241.3M).
Long Term Liabilities: 301066's short term assets (CN¥496.0M) exceed its long term liabilities (CN¥89.6M).
Debt to Equity History and Analysis
Debt Level: 301066 has more cash than its total debt.
Reducing Debt: 301066's debt to equity ratio has increased from 0% to 10.8% over the past 5 years.
Debt Coverage: 301066's debt is well covered by operating cash flow (92.5%).
Interest Coverage: 301066 earns more interest than it pays, so coverage of interest payments is not a concern.