Suzhou Mingzhi Technology Balance Sheet Health
Financial Health criteria checks 5/6
Suzhou Mingzhi Technology has a total shareholder equity of CN¥1.1B and total debt of CN¥111.1M, which brings its debt-to-equity ratio to 10.3%. Its total assets and total liabilities are CN¥1.5B and CN¥397.2M respectively.
Key information
10.3%
Debt to equity ratio
CN¥111.09m
Debt
Interest coverage ratio | n/a |
Cash | CN¥616.68m |
Equity | CN¥1.08b |
Total liabilities | CN¥397.18m |
Total assets | CN¥1.48b |
Recent financial health updates
No updates
Recent updates
Suzhou Mingzhi Technology Co., Ltd.'s (SHSE:688355) 26% Share Price Surge Not Quite Adding Up
May 20We Think That There Are More Issues For Suzhou Mingzhi Technology (SHSE:688355) Than Just Sluggish Earnings
Apr 25A Look At The Fair Value Of Suzhou Mingzhi Technology Co., Ltd. (SHSE:688355)
Apr 17Revenues Tell The Story For Suzhou Mingzhi Technology Co., Ltd. (SHSE:688355) As Its Stock Soars 28%
Mar 08Financial Position Analysis
Short Term Liabilities: 688355's short term assets (CN¥1.0B) exceed its short term liabilities (CN¥376.2M).
Long Term Liabilities: 688355's short term assets (CN¥1.0B) exceed its long term liabilities (CN¥20.9M).
Debt to Equity History and Analysis
Debt Level: 688355 has more cash than its total debt.
Reducing Debt: 688355's debt to equity ratio has reduced from 21.3% to 10.3% over the past 5 years.
Debt Coverage: 688355's debt is well covered by operating cash flow (103.6%).
Interest Coverage: Insufficient data to determine if 688355's interest payments on its debt are well covered by EBIT.