Yongyue Science&TechnologyLtd Balance Sheet Health
Financial Health criteria checks 3/6
Yongyue Science&TechnologyLtd has a total shareholder equity of CN¥376.6M and total debt of CN¥21.9M, which brings its debt-to-equity ratio to 5.8%. Its total assets and total liabilities are CN¥450.1M and CN¥73.5M respectively.
Key information
5.8%
Debt to equity ratio
CN¥21.90m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥8.40m |
| Equity | CN¥376.63m |
| Total liabilities | CN¥73.51m |
| Total assets | CN¥450.15m |
Recent financial health updates
No updates
Recent updates
Yongyue Science&Technology Co.,Ltd (SHSE:603879) Stock Rockets 29% As Investors Are Less Pessimistic Than Expected
Jul 25
Risks Still Elevated At These Prices As Yongyue Science&Technology Co.,Ltd (SHSE:603879) Shares Dive 52%
Jun 05Yongyue Science&Technology Co.,Ltd (SHSE:603879) May Have Run Too Fast Too Soon With Recent 29% Price Plummet
Apr 15Yongyue Science&Technology Co.,Ltd's (SHSE:603879) Popularity With Investors Under Threat As Stock Sinks 26%
Feb 26Financial Position Analysis
Short Term Liabilities: 603879's short term assets (CN¥228.9M) exceed its short term liabilities (CN¥60.3M).
Long Term Liabilities: 603879's short term assets (CN¥228.9M) exceed its long term liabilities (CN¥13.2M).
Debt to Equity History and Analysis
Debt Level: 603879's net debt to equity ratio (3.6%) is considered satisfactory.
Reducing Debt: 603879's debt to equity ratio has increased from 0% to 5.8% over the past 5 years.
Debt Coverage: 603879's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 603879's interest payments on its debt are well covered by EBIT.