Fanli Digital TechnologyLtd Balance Sheet Health
Financial Health criteria checks 6/6
Fanli Digital TechnologyLtd has a total shareholder equity of CN¥1.5B and total debt of CN¥4.7M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are CN¥1.6B and CN¥152.6M respectively. Fanli Digital TechnologyLtd's EBIT is CN¥33.6M making its interest coverage ratio -4.8. It has cash and short-term investments of CN¥390.2M.
Key information
0.3%
Debt to equity ratio
CN¥4.72m
Debt
Interest coverage ratio | -4.8x |
Cash | CN¥390.21m |
Equity | CN¥1.47b |
Total liabilities | CN¥152.61m |
Total assets | CN¥1.62b |
Recent financial health updates
No updates
Recent updates
Fanli Digital Technology Co.,Ltd's (SHSE:600228) 29% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio
Apr 22Returns On Capital Signal Difficult Times Ahead For Fanli Digital TechnologyLtd (SHSE:600228)
Apr 08What Fanli Digital Technology Co.,Ltd's (SHSE:600228) 34% Share Price Gain Is Not Telling You
Mar 08Financial Position Analysis
Short Term Liabilities: 600228's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥130.9M).
Long Term Liabilities: 600228's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥21.7M).
Debt to Equity History and Analysis
Debt Level: 600228 has more cash than its total debt.
Reducing Debt: 600228's debt to equity ratio has reduced from 7.4% to 0.3% over the past 5 years.
Debt Coverage: 600228's debt is well covered by operating cash flow (607.9%).
Interest Coverage: 600228 earns more interest than it pays, so coverage of interest payments is not a concern.