Dongguan Changlian New Materials TechnologyLtd Balance Sheet Health
Financial Health criteria checks 6/6
Dongguan Changlian New Materials TechnologyLtd has a total shareholder equity of CN¥922.4M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.2B and CN¥242.0M respectively. Dongguan Changlian New Materials TechnologyLtd's EBIT is CN¥93.3M making its interest coverage ratio 36.8. It has cash and short-term investments of CN¥365.0M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | 36.8x |
| Cash | CN¥365.03m |
| Equity | CN¥922.42m |
| Total liabilities | CN¥242.01m |
| Total assets | CN¥1.16b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: 301618's short term assets (CN¥786.5M) exceed its short term liabilities (CN¥165.7M).
Long Term Liabilities: 301618's short term assets (CN¥786.5M) exceed its long term liabilities (CN¥76.3M).
Debt to Equity History and Analysis
Debt Level: 301618 is debt free.
Reducing Debt: 301618 had no debt 5 years ago.
Debt Coverage: 301618 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 301618 has no debt, therefore coverage of interest payments is not a concern.