Wuxi Chipown Micro-electronics Balance Sheet Health
Financial Health criteria checks 4/6
Wuxi Chipown Micro-electronics has a total shareholder equity of CN¥2.4B and total debt of CN¥254.2M, which brings its debt-to-equity ratio to 10.5%. Its total assets and total liabilities are CN¥2.9B and CN¥431.2M respectively. Wuxi Chipown Micro-electronics's EBIT is CN¥11.8M making its interest coverage ratio -0.5. It has cash and short-term investments of CN¥1.9B.
Key information
10.5%
Debt to equity ratio
CN¥254.16m
Debt
| Interest coverage ratio | -0.5x |
| Cash | CN¥1.87b |
| Equity | CN¥2.42b |
| Total liabilities | CN¥431.20m |
| Total assets | CN¥2.85b |
Recent financial health updates
No updates
Recent updates
Subdued Growth No Barrier To Wuxi Chipown Micro-electronics limited (SHSE:688508) With Shares Advancing 26%
Jun 22
Is Now The Time To Look At Buying Wuxi Chipown Micro-electronics limited (SHSE:688508)?
Jun 17Some Investors May Be Worried About Wuxi Chipown Micro-electronics' (SHSE:688508) Returns On Capital
May 30Why Wuxi Chipown Micro-electronics' (SHSE:688508) Soft Earnings Are Just The Beginning Of Its Problems
Apr 25Analysts Are More Bearish On Wuxi Chipown Micro-electronics limited (SHSE:688508) Than They Used To Be
Apr 17Wuxi Chipown Micro-electronics limited's (SHSE:688508) Shares Leap 32% Yet They're Still Not Telling The Full Story
Mar 06Be Wary Of Wuxi Chipown Micro-electronics (SHSE:688508) And Its Returns On Capital
Feb 28Financial Position Analysis
Short Term Liabilities: 688508's short term assets (CN¥2.4B) exceed its short term liabilities (CN¥413.3M).
Long Term Liabilities: 688508's short term assets (CN¥2.4B) exceed its long term liabilities (CN¥17.9M).
Debt to Equity History and Analysis
Debt Level: 688508 has more cash than its total debt.
Reducing Debt: 688508's debt to equity ratio has increased from 0% to 10.5% over the past 5 years.
Debt Coverage: 688508's debt is not well covered by operating cash flow (9.6%).
Interest Coverage: 688508 earns more interest than it pays, so coverage of interest payments is not a concern.