Zhejiang Yongtai Technology Co.,Ltd.

XSEC:002326 Stock Report

Market Cap: CN¥9.4b

Zhejiang Yongtai TechnologyLtd Balance Sheet Health

Financial Health criteria checks 1/6

Zhejiang Yongtai TechnologyLtd has a total shareholder equity of CN¥3.3B and total debt of CN¥4.4B, which brings its debt-to-equity ratio to 133.5%. Its total assets and total liabilities are CN¥11.5B and CN¥8.2B respectively.

Key information

133.5%

Debt to equity ratio

CN¥4.39b

Debt

Interest coverage ration/a
CashCN¥804.74m
EquityCN¥3.29b
Total liabilitiesCN¥8.21b
Total assetsCN¥11.50b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 002326's short term assets (CN¥4.0B) do not cover its short term liabilities (CN¥6.4B).

Long Term Liabilities: 002326's short term assets (CN¥4.0B) exceed its long term liabilities (CN¥1.8B).


Debt to Equity History and Analysis

Debt Level: 002326's net debt to equity ratio (109%) is considered high.

Reducing Debt: 002326's debt to equity ratio has increased from 59.2% to 133.5% over the past 5 years.

Debt Coverage: 002326's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if 002326's interest payments on its debt are well covered by EBIT.


Balance Sheet


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