Pan Asian Microvent Tech (Jiangsu) Corporation

SHSE:688386 Stock Report

Market Cap: CN¥2.3b

Pan Asian Microvent Tech (Jiangsu) Balance Sheet Health

Financial Health criteria checks 6/6

Pan Asian Microvent Tech (Jiangsu) has a total shareholder equity of CN¥761.9M and total debt of CN¥155.3M, which brings its debt-to-equity ratio to 20.4%. Its total assets and total liabilities are CN¥1.1B and CN¥306.4M respectively. Pan Asian Microvent Tech (Jiangsu)'s EBIT is CN¥124.8M making its interest coverage ratio 48.5. It has cash and short-term investments of CN¥66.3M.

Key information

20.4%

Debt to equity ratio

CN¥155.34m

Debt

Interest coverage ratio48.5x
CashCN¥66.27m
EquityCN¥761.90m
Total liabilitiesCN¥306.39m
Total assetsCN¥1.07b

Recent financial health updates

No updates

Recent updates

Pan Asian Microvent Tech (Jiangsu) Corporation's (SHSE:688386) Share Price Boosted 38% But Its Business Prospects Need A Lift Too

Oct 08
Pan Asian Microvent Tech (Jiangsu) Corporation's (SHSE:688386) Share Price Boosted 38% But Its Business Prospects Need A Lift Too

Returns On Capital At Pan Asian Microvent Tech (Jiangsu) (SHSE:688386) Have Hit The Brakes

Jul 15
Returns On Capital At Pan Asian Microvent Tech (Jiangsu) (SHSE:688386) Have Hit The Brakes

Pan Asian Microvent Tech (Jiangsu)'s (SHSE:688386) Earnings Are Weaker Than They Seem

Apr 23
Pan Asian Microvent Tech (Jiangsu)'s (SHSE:688386) Earnings Are Weaker Than They Seem

Pan Asian Microvent Tech (Jiangsu) Corporation's (SHSE:688386) Shares Bounce 27% But Its Business Still Trails The Market

Mar 06
Pan Asian Microvent Tech (Jiangsu) Corporation's (SHSE:688386) Shares Bounce 27% But Its Business Still Trails The Market

Financial Position Analysis

Short Term Liabilities: 688386's short term assets (CN¥458.6M) exceed its short term liabilities (CN¥190.6M).

Long Term Liabilities: 688386's short term assets (CN¥458.6M) exceed its long term liabilities (CN¥115.8M).


Debt to Equity History and Analysis

Debt Level: 688386's net debt to equity ratio (11.7%) is considered satisfactory.

Reducing Debt: 688386's debt to equity ratio has reduced from 22.4% to 20.4% over the past 5 years.

Debt Coverage: 688386's debt is well covered by operating cash flow (73.2%).

Interest Coverage: 688386's interest payments on its debt are well covered by EBIT (48.5x coverage).


Balance Sheet


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