China Chippacking TechnologyLtd Balance Sheet Health
Financial Health criteria checks 1/6
China Chippacking TechnologyLtd has a total shareholder equity of CN¥725.1M and total debt of CN¥499.7M, which brings its debt-to-equity ratio to 68.9%. Its total assets and total liabilities are CN¥2.0B and CN¥1.3B respectively.
Key information
68.9%
Debt to equity ratio
CN¥499.65m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥46.22m |
| Equity | CN¥725.13m |
| Total liabilities | CN¥1.26b |
| Total assets | CN¥1.99b |
Recent financial health updates
No updates
Recent updates
China Chippacking Technology Co.,Ltd. (SHSE:688216) Held Back By Insufficient Growth Even After Shares Climb 54%
Oct 08
China Chippacking Technology Co.,Ltd.'s (SHSE:688216) 27% Dip In Price Shows Sentiment Is Matching Revenues
Jul 21Benign Growth For China Chippacking Technology Co.,Ltd. (SHSE:688216) Underpins Stock's 25% Plummet
Apr 22China Chippacking Technology Co.,Ltd.'s (SHSE:688216) Shares Bounce 37% But Its Business Still Trails The Industry
Mar 08Financial Position Analysis
Short Term Liabilities: 688216's short term assets (CN¥407.7M) do not cover its short term liabilities (CN¥903.3M).
Long Term Liabilities: 688216's short term assets (CN¥407.7M) exceed its long term liabilities (CN¥360.2M).
Debt to Equity History and Analysis
Debt Level: 688216's net debt to equity ratio (62.5%) is considered high.
Reducing Debt: 688216's debt to equity ratio has increased from 15.5% to 68.9% over the past 5 years.
Debt Coverage: 688216's debt is not well covered by operating cash flow (8.9%).
Interest Coverage: Insufficient data to determine if 688216's interest payments on its debt are well covered by EBIT.