Baoding Technology Balance Sheet Health
Financial Health criteria checks 4/6
Baoding Technology has a total shareholder equity of CN¥2.2B and total debt of CN¥1.4B, which brings its debt-to-equity ratio to 64.7%. Its total assets and total liabilities are CN¥5.0B and CN¥2.9B respectively. Baoding Technology's EBIT is CN¥66.4M making its interest coverage ratio -2.3. It has cash and short-term investments of CN¥621.4M.
Key information
64.7%
Debt to equity ratio
CN¥1.40b
Debt
| Interest coverage ratio | -2.3x |
| Cash | CN¥621.40m |
| Equity | CN¥2.16b |
| Total liabilities | CN¥2.89b |
| Total assets | CN¥5.05b |
Recent financial health updates
Recent updates
Here's Why Baoding Technology (SZSE:002552) Has A Meaningful Debt Burden
Sep 27
Market Cool On Baoding Technology Co., Ltd.'s (SZSE:002552) Earnings Pushing Shares 26% Lower
Aug 08Sentiment Still Eluding Baoding Technology Co., Ltd. (SZSE:002552)
May 27Baoding Technology (SZSE:002552) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Apr 17Financial Position Analysis
Short Term Liabilities: 002552's short term assets (CN¥2.7B) exceed its short term liabilities (CN¥2.6B).
Long Term Liabilities: 002552's short term assets (CN¥2.7B) exceed its long term liabilities (CN¥281.7M).
Debt to Equity History and Analysis
Debt Level: 002552's net debt to equity ratio (35.9%) is considered satisfactory.
Reducing Debt: 002552's debt to equity ratio has increased from 0% to 64.7% over the past 5 years.
Debt Coverage: 002552's debt is not well covered by operating cash flow (9.4%).
Interest Coverage: 002552 earns more interest than it pays, so coverage of interest payments is not a concern.