Bestechnic (Shanghai) Balance Sheet Health
Financial Health criteria checks 5/6
Bestechnic (Shanghai) has a total shareholder equity of CN¥6.1B and total debt of CN¥20.0M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are CN¥6.5B and CN¥369.1M respectively. Bestechnic (Shanghai)'s EBIT is CN¥21.9M making its interest coverage ratio -0.2. It has cash and short-term investments of CN¥4.7B.
Key information
0.3%
Debt to equity ratio
CN¥20.01m
Debt
Interest coverage ratio | -0.2x |
Cash | CN¥4.75b |
Equity | CN¥6.11b |
Total liabilities | CN¥369.08m |
Total assets | CN¥6.48b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688608's short term assets (CN¥5.9B) exceed its short term liabilities (CN¥357.2M).
Long Term Liabilities: 688608's short term assets (CN¥5.9B) exceed its long term liabilities (CN¥11.9M).
Debt to Equity History and Analysis
Debt Level: 688608 has more cash than its total debt.
Reducing Debt: 688608's debt to equity ratio has increased from 0% to 0.3% over the past 5 years.
Debt Coverage: 688608's debt is well covered by operating cash flow (1836%).
Interest Coverage: 688608 earns more interest than it pays, so coverage of interest payments is not a concern.