Fanli Digital Technology Co.,Ltd

SHSE:600228 Stock Report

Market Cap: CN¥3.2b

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
CashCN¥390.21m
EquityCN¥1.47b
Total liabilitiesCN¥152.61m
Total assetsCN¥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 22
Fanli Digital Technology Co.,Ltd's (SHSE:600228) 29% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio

Returns On Capital Signal Difficult Times Ahead For Fanli Digital TechnologyLtd (SHSE:600228)

Apr 08
Returns On Capital Signal Difficult Times Ahead For Fanli Digital TechnologyLtd (SHSE:600228)

What Fanli Digital Technology Co.,Ltd's (SHSE:600228) 34% Share Price Gain Is Not Telling You

Mar 08
What Fanli Digital Technology Co.,Ltd's (SHSE:600228) 34% Share Price Gain Is Not Telling You

Financial 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.


Balance Sheet


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