Vanchip (Tianjin) Technology Balance Sheet Health
Financial Health criteria checks 4/6
Vanchip (Tianjin) Technology has a total shareholder equity of CN¥4.0B and total debt of CN¥117.9M, which brings its debt-to-equity ratio to 2.9%. Its total assets and total liabilities are CN¥4.5B and CN¥462.9M respectively.
Key information
2.9%
Debt to equity ratio
CN¥117.91m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥2.70b |
| Equity | CN¥4.03b |
| Total liabilities | CN¥462.88m |
| Total assets | CN¥4.49b |
Recent financial health updates
Recent updates
Vanchip (Tianjin) Technology Co., Ltd.'s (SHSE:688153) Intrinsic Value Is Potentially 21% Below Its Share Price
Oct 18
Vanchip (Tianjin) Technology (SHSE:688153) Shareholders Will Want The ROCE Trajectory To Continue
Sep 23Vanchip (Tianjin) Technology's (SHSE:688153) Earnings Are Of Questionable Quality
Sep 05Should You Investigate Vanchip (Tianjin) Technology Co., Ltd. (SHSE:688153) At CN¥33.40?
Aug 03Vanchip (Tianjin) Technology (SHSE:688153) Could Easily Take On More Debt
May 23Vanchip (Tianjin) Technology (SHSE:688153) Is Looking To Continue Growing Its Returns On Capital
Apr 17Do Vanchip (Tianjin) Technology's (SHSE:688153) Earnings Warrant Your Attention?
Mar 22Vanchip (Tianjin) Technology Co., Ltd.'s (SHSE:688153) 26% Share Price Surge Not Quite Adding Up
Mar 04Financial Position Analysis
Short Term Liabilities: 688153's short term assets (CN¥4.0B) exceed its short term liabilities (CN¥413.6M).
Long Term Liabilities: 688153's short term assets (CN¥4.0B) exceed its long term liabilities (CN¥49.3M).
Debt to Equity History and Analysis
Debt Level: 688153 has more cash than its total debt.
Reducing Debt: 688153's debt to equity ratio has reduced from 40.3% to 2.9% over the past 5 years.
Debt Coverage: 688153's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 688153's interest payments on its debt are well covered by EBIT.