Sinosteel Luonai Materials Technology Co., Ltd.

XSSC:688119 Stock Report

Market Cap: CN¥4.6b

Sinosteel Luonai Materials Technology Balance Sheet Health

Financial Health criteria checks 3/6

Sinosteel Luonai Materials Technology has a total shareholder equity of CN¥3.1B and total debt of CN¥500.2M, which brings its debt-to-equity ratio to 16.1%. Its total assets and total liabilities are CN¥5.3B and CN¥2.2B respectively.

Key information

16.1%

Debt to equity ratio

CN¥500.23m

Debt

Interest coverage ration/a
CashCN¥1.53b
EquityCN¥3.10b
Total liabilitiesCN¥2.15b
Total assetsCN¥5.25b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 688119's short term assets (CN¥3.8B) exceed its short term liabilities (CN¥1.4B).

Long Term Liabilities: 688119's short term assets (CN¥3.8B) exceed its long term liabilities (CN¥713.2M).


Debt to Equity History and Analysis

Debt Level: 688119 has more cash than its total debt.

Reducing Debt: Insufficient data to determine if 688119's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: 688119's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if 688119's interest payments on its debt are well covered by EBIT.


Balance Sheet


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