Yunding TechnologyLtd Balance Sheet Health
Financial Health criteria checks 6/6
Yunding TechnologyLtd has a total shareholder equity of CN¥1.7B and total debt of CN¥35.5M, which brings its debt-to-equity ratio to 2.1%. Its total assets and total liabilities are CN¥2.5B and CN¥780.5M respectively. Yunding TechnologyLtd's EBIT is CN¥137.7M making its interest coverage ratio -13.8. It has cash and short-term investments of CN¥702.6M.
Key information
2.1%
Debt to equity ratio
CN¥35.52m
Debt
Interest coverage ratio | -13.8x |
Cash | CN¥702.60m |
Equity | CN¥1.68b |
Total liabilities | CN¥780.50m |
Total assets | CN¥2.46b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000409's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥732.9M).
Long Term Liabilities: 000409's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥47.6M).
Debt to Equity History and Analysis
Debt Level: 000409 has more cash than its total debt.
Reducing Debt: 000409's debt to equity ratio has reduced from 58% to 2.1% over the past 5 years.
Debt Coverage: 000409's debt is well covered by operating cash flow (407.5%).
Interest Coverage: 000409 earns more interest than it pays, so coverage of interest payments is not a concern.