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¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.6B and CN¥152.6M respectively. Fanli Digital TechnologyLtd's EBIT is CN¥34.2M making its interest coverage ratio -5.9. It has cash and short-term investments of CN¥390.2M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -5.9x |
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 is debt free.
Reducing Debt: 600228 has no debt compared to 5 years ago when its debt to equity ratio was 7.4%.
Debt Coverage: 600228 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 600228 has no debt, therefore coverage of interest payments is not a concern.