Micro-Tech (Nanjing) Co.,Ltd

SHSE:688029 Stock Report

Market Cap: CN¥12.9b

Micro-Tech (Nanjing)Ltd Balance Sheet Health

Financial Health criteria checks 6/6

Micro-Tech (Nanjing)Ltd has a total shareholder equity of CN¥3.8B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥4.4B and CN¥654.1M respectively. Micro-Tech (Nanjing)Ltd's EBIT is CN¥549.7M making its interest coverage ratio -6.4. It has cash and short-term investments of CN¥2.2B.

Key information

0%

Debt to equity ratio

CN¥0

Debt

Interest coverage ratio-6.4x
CashCN¥2.23b
EquityCN¥3.76b
Total liabilitiesCN¥654.06m
Total assetsCN¥4.42b

Recent financial health updates

No updates

Recent updates

Micro-Tech (Nanjing) Co.,Ltd's (SHSE:688029) Shares Leap 26% Yet They're Still Not Telling The Full Story

Oct 01
Micro-Tech (Nanjing) Co.,Ltd's (SHSE:688029) Shares Leap 26% Yet They're Still Not Telling The Full Story

Here's What's Concerning About Micro-Tech (Nanjing)Ltd's (SHSE:688029) Returns On Capital

Aug 07
Here's What's Concerning About Micro-Tech (Nanjing)Ltd's (SHSE:688029) Returns On Capital

Micro-Tech (Nanjing) Co.,Ltd's (SHSE:688029) Earnings Are Not Doing Enough For Some Investors

Jul 16
Micro-Tech (Nanjing) Co.,Ltd's (SHSE:688029) Earnings Are Not Doing Enough For Some Investors

An Intrinsic Calculation For Micro-Tech (Nanjing) Co.,Ltd (SHSE:688029) Suggests It's 22% Undervalued

Apr 17
An Intrinsic Calculation For Micro-Tech (Nanjing) Co.,Ltd (SHSE:688029) Suggests It's 22% Undervalued

Micro-Tech (Nanjing)Ltd (SHSE:688029) Is Reinvesting At Lower Rates Of Return

Mar 19
Micro-Tech (Nanjing)Ltd (SHSE:688029) Is Reinvesting At Lower Rates Of Return

Financial Position Analysis

Short Term Liabilities: 688029's short term assets (CN¥3.2B) exceed its short term liabilities (CN¥577.9M).

Long Term Liabilities: 688029's short term assets (CN¥3.2B) exceed its long term liabilities (CN¥76.2M).


Debt to Equity History and Analysis

Debt Level: 688029 is debt free.

Reducing Debt: 688029 has no debt compared to 5 years ago when its debt to equity ratio was 10.5%.

Debt Coverage: 688029 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 688029 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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