Guangzhou Ruoyuchen TechnologyLtd Balance Sheet Health
Financial Health criteria checks 4/6
Guangzhou Ruoyuchen TechnologyLtd has a total shareholder equity of CN¥1.1B and total debt of CN¥180.0M, which brings its debt-to-equity ratio to 17.1%. Its total assets and total liabilities are CN¥1.3B and CN¥249.3M respectively. Guangzhou Ruoyuchen TechnologyLtd's EBIT is CN¥46.1M making its interest coverage ratio -4.7. It has cash and short-term investments of CN¥402.3M.
Key information
17.1%
Debt to equity ratio
CN¥179.98m
Debt
| Interest coverage ratio | -4.7x |
| Cash | CN¥402.31m |
| Equity | CN¥1.05b |
| Total liabilities | CN¥249.30m |
| Total assets | CN¥1.30b |
Recent financial health updates
No updates
Recent updates
Guangzhou Ruoyuchen TechnologyLtd (SZSE:003010) Is Increasing Its Dividend To CN¥0.30
Jun 07
Here's What's Concerning About Guangzhou Ruoyuchen TechnologyLtd's (SZSE:003010) Returns On Capital
Apr 15Optimistic Investors Push Guangzhou Ruoyuchen Technology Co.,Ltd. (SZSE:003010) Shares Up 27% But Growth Is Lacking
Mar 19Financial Position Analysis
Short Term Liabilities: 003010's short term assets (CN¥991.2M) exceed its short term liabilities (CN¥247.8M).
Long Term Liabilities: 003010's short term assets (CN¥991.2M) exceed its long term liabilities (CN¥1.5M).
Debt to Equity History and Analysis
Debt Level: 003010 has more cash than its total debt.
Reducing Debt: 003010's debt to equity ratio has increased from 11.7% to 17.1% over the past 5 years.
Debt Coverage: 003010's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 003010 earns more interest than it pays, so coverage of interest payments is not a concern.