Shenzhen Weiguang Biological Products Co., Ltd.

SZSE:002880 Stock Report

Market Cap: CN¥6.3b

Shenzhen Weiguang Biological Products Balance Sheet Health

Financial Health criteria checks 5/6

Shenzhen Weiguang Biological Products has a total shareholder equity of CN¥2.0B and total debt of CN¥451.9M, which brings its debt-to-equity ratio to 22.9%. Its total assets and total liabilities are CN¥2.7B and CN¥691.9M respectively. Shenzhen Weiguang Biological Products's EBIT is CN¥208.2M making its interest coverage ratio 238.8. It has cash and short-term investments of CN¥192.3M.

Key information

22.9%

Debt to equity ratio

CN¥451.87m

Debt

Interest coverage ratio238.8x
CashCN¥192.33m
EquityCN¥1.97b
Total liabilitiesCN¥691.95m
Total assetsCN¥2.67b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 002880's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥168.0M).

Long Term Liabilities: 002880's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥524.0M).


Debt to Equity History and Analysis

Debt Level: 002880's net debt to equity ratio (13.2%) is considered satisfactory.

Reducing Debt: 002880's debt to equity ratio has increased from 3.9% to 22.9% over the past 5 years.

Debt Coverage: 002880's debt is well covered by operating cash flow (61.6%).

Interest Coverage: 002880's interest payments on its debt are well covered by EBIT (238.8x coverage).


Balance Sheet


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