China Resources Microelectronics Balance Sheet Health
Financial Health criteria checks 6/6
China Resources Microelectronics has a total shareholder equity of CN¥24.1B and total debt of CN¥498.2M, which brings its debt-to-equity ratio to 2.1%. Its total assets and total liabilities are CN¥29.2B and CN¥5.1B respectively. China Resources Microelectronics's EBIT is CN¥765.8M making its interest coverage ratio -2.7. It has cash and short-term investments of CN¥8.6B.
Key information
2.1%
Debt to equity ratio
CN¥498.19m
Debt
| Interest coverage ratio | -2.7x |
| Cash | CN¥8.63b |
| Equity | CN¥24.09b |
| Total liabilities | CN¥5.09b |
| Total assets | CN¥29.17b |
Recent financial health updates
China Resources Microelectronics (SHSE:688396) Has A Somewhat Strained Balance Sheet
Jul 12
Is China Resources Microelectronics (SHSE:688396) A Risky Investment?
Feb 29Recent updates
China Resources Microelectronics (SHSE:688396) Will Want To Turn Around Its Return Trends
Nov 22At CN¥51.20, Is It Time To Put China Resources Microelectronics Limited (SHSE:688396) On Your Watch List?
Oct 30Earnings Tell The Story For China Resources Microelectronics Limited (SHSE:688396) As Its Stock Soars 60%
Oct 08Weak Statutory Earnings May Not Tell The Whole Story For China Resources Microelectronics (SHSE:688396)
Sep 06China Resources Microelectronics Limited Just Missed Earnings - But Analysts Have Updated Their Models
Sep 03China Resources Microelectronics Limited's (SHSE:688396) Shareholders Might Be Looking For Exit
Aug 23China Resources Microelectronics (SHSE:688396) Could Be Struggling To Allocate Capital
Aug 02China Resources Microelectronics (SHSE:688396) Has A Somewhat Strained Balance Sheet
Jul 12Is China Resources Microelectronics Limited (SHSE:688396) Potentially Undervalued?
May 26Things Look Grim For China Resources Microelectronics Limited (SHSE:688396) After Today's Downgrade
May 03China Resources Microelectronics (SHSE:688396) Might Be Having Difficulty Using Its Capital Effectively
Apr 28Unpleasant Surprises Could Be In Store For China Resources Microelectronics Limited's (SHSE:688396) Shares
Apr 09Estimating The Intrinsic Value Of China Resources Microelectronics Limited (SHSE:688396)
Mar 18Is China Resources Microelectronics (SHSE:688396) A Risky Investment?
Feb 29Financial Position Analysis
Short Term Liabilities: 688396's short term assets (CN¥13.3B) exceed its short term liabilities (CN¥4.7B).
Long Term Liabilities: 688396's short term assets (CN¥13.3B) exceed its long term liabilities (CN¥427.5M).
Debt to Equity History and Analysis
Debt Level: 688396 has more cash than its total debt.
Reducing Debt: 688396's debt to equity ratio has reduced from 28.9% to 2.1% over the past 5 years.
Debt Coverage: 688396's debt is well covered by operating cash flow (316.9%).
Interest Coverage: 688396 earns more interest than it pays, so coverage of interest payments is not a concern.