Hefei Chipmore TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Hefei Chipmore TechnologyLtd has a total shareholder equity of CN¥6.0B and total debt of CN¥430.7M, which brings its debt-to-equity ratio to 7.2%. Its total assets and total liabilities are CN¥7.1B and CN¥1.1B respectively. Hefei Chipmore TechnologyLtd's EBIT is CN¥349.3M making its interest coverage ratio -9.5. It has cash and short-term investments of CN¥1.5B.
Key information
7.2%
Debt to equity ratio
CN¥430.66m
Debt
| Interest coverage ratio | -9.5x |
| Cash | CN¥1.54b |
| Equity | CN¥5.96b |
| Total liabilities | CN¥1.13b |
| Total assets | CN¥7.09b |
Recent financial health updates
Recent updates
Hefei Chipmore TechnologyLtd (SHSE:688352) Shareholders Will Want The ROCE Trajectory To Continue
Nov 13
We Think You Should Be Aware Of Some Concerning Factors In Hefei Chipmore TechnologyLtd's (SHSE:688352) Earnings
Oct 26We Think Hefei Chipmore TechnologyLtd (SHSE:688352) Can Stay On Top Of Its Debt
Aug 12Returns Are Gaining Momentum At Hefei Chipmore TechnologyLtd (SHSE:688352)
Jun 19Hefei Chipmore TechnologyLtd (SHSE:688352) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Apr 25Hefei Chipmore Technology Co.,Ltd.'s (SHSE:688352) P/E Is Still On The Mark Following 29% Share Price Bounce
Mar 06Financial Position Analysis
Short Term Liabilities: 688352's short term assets (CN¥2.3B) exceed its short term liabilities (CN¥851.8M).
Long Term Liabilities: 688352's short term assets (CN¥2.3B) exceed its long term liabilities (CN¥277.4M).
Debt to Equity History and Analysis
Debt Level: 688352 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 688352's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 688352's debt is well covered by operating cash flow (160.7%).
Interest Coverage: 688352 earns more interest than it pays, so coverage of interest payments is not a concern.