Yunnan Lincang Xinyuan Germanium IndustryLTD Balance Sheet Health
Financial Health criteria checks 3/6
Yunnan Lincang Xinyuan Germanium IndustryLTD has a total shareholder equity of CN¥1.5B and total debt of CN¥713.6M, which brings its debt-to-equity ratio to 47.1%. Its total assets and total liabilities are CN¥2.9B and CN¥1.4B respectively. Yunnan Lincang Xinyuan Germanium IndustryLTD's EBIT is CN¥24.6M making its interest coverage ratio 0.7. It has cash and short-term investments of CN¥218.3M.
Key information
47.1%
Debt to equity ratio
CN¥713.55m
Debt
| Interest coverage ratio | 0.7x |
| Cash | CN¥218.27m |
| Equity | CN¥1.51b |
| Total liabilities | CN¥1.36b |
| Total assets | CN¥2.87b |
Recent financial health updates
Yunnan Lincang Xinyuan Germanium IndustryLTD (SZSE:002428) Is Making Moderate Use Of Debt
Oct 02
Does Yunnan Lincang Xinyuan Germanium IndustryLTD (SZSE:002428) Have A Healthy Balance Sheet?
Jun 05Would Yunnan Lincang Xinyuan Germanium IndustryLTD (SZSE:002428) Be Better Off With Less Debt?
Feb 27Recent updates
Additional Considerations Required While Assessing Yunnan Lincang Xinyuan Germanium IndustryLTD's (SZSE:002428) Strong Earnings
Nov 07Yunnan Lincang Xinyuan Germanium Industry Co.,LTD (SZSE:002428) Stock Rockets 42% As Investors Are Less Pessimistic Than Expected
Oct 21Yunnan Lincang Xinyuan Germanium IndustryLTD (SZSE:002428) Is Making Moderate Use Of Debt
Oct 02Yunnan Lincang Xinyuan Germanium Industry Co.,LTD (SZSE:002428) Stock Rockets 33% As Investors Are Less Pessimistic Than Expected
Jul 12Does Yunnan Lincang Xinyuan Germanium IndustryLTD (SZSE:002428) Have A Healthy Balance Sheet?
Jun 05Revenues Tell The Story For Yunnan Lincang Xinyuan Germanium Industry Co.,LTD (SZSE:002428) As Its Stock Soars 26%
Mar 19Would Yunnan Lincang Xinyuan Germanium IndustryLTD (SZSE:002428) Be Better Off With Less Debt?
Feb 27Financial Position Analysis
Short Term Liabilities: 002428's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥741.0M).
Long Term Liabilities: 002428's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥616.7M).
Debt to Equity History and Analysis
Debt Level: 002428's net debt to equity ratio (32.7%) is considered satisfactory.
Reducing Debt: 002428's debt to equity ratio has increased from 18% to 47.1% over the past 5 years.
Debt Coverage: 002428's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 002428's interest payments on its debt are not well covered by EBIT (0.7x coverage).