Changzhou Galaxy Century MicroelectronicsLtd Balance Sheet Health
Financial Health criteria checks 3/6
Changzhou Galaxy Century MicroelectronicsLtd has a total shareholder equity of CN¥1.3B and total debt of CN¥396.2M, which brings its debt-to-equity ratio to 29.6%. Its total assets and total liabilities are CN¥2.1B and CN¥747.3M respectively. Changzhou Galaxy Century MicroelectronicsLtd's EBIT is CN¥75.2M making its interest coverage ratio 2.4. It has cash and short-term investments of CN¥1.0B.
Key information
29.6%
Debt to equity ratio
CN¥396.24m
Debt
| Interest coverage ratio | 2.4x |
| Cash | CN¥1.04b |
| Equity | CN¥1.34b |
| Total liabilities | CN¥747.32m |
| Total assets | CN¥2.09b |
Recent financial health updates
No updates
Recent updates
Changzhou Galaxy Century MicroelectronicsLtd's (SHSE:688689) Weak Earnings May Only Reveal A Part Of The Whole Picture
Nov 04
Changzhou Galaxy Century Microelectronics Co.,Ltd.'s (SHSE:688689) 55% Price Boost Is Out Of Tune With Earnings
Oct 08Changzhou Galaxy Century MicroelectronicsLtd (SHSE:688689) Is Reinvesting At Lower Rates Of Return
Jun 27Changzhou Galaxy Century Microelectronics Co.,Ltd.'s (SHSE:688689) 25% Share Price Surge Not Quite Adding Up
May 22Changzhou Galaxy Century MicroelectronicsLtd's (SHSE:688689) Shareholders Have More To Worry About Than Only Soft Earnings
Apr 01What Changzhou Galaxy Century Microelectronics Co.,Ltd.'s (SHSE:688689) 29% Share Price Gain Is Not Telling You
Mar 06Financial Position Analysis
Short Term Liabilities: 688689's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥297.6M).
Long Term Liabilities: 688689's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥449.7M).
Debt to Equity History and Analysis
Debt Level: 688689 has more cash than its total debt.
Reducing Debt: 688689's debt to equity ratio has increased from 0% to 29.6% over the past 5 years.
Debt Coverage: 688689's debt is not well covered by operating cash flow (18.4%).
Interest Coverage: 688689's interest payments on its debt are not well covered by EBIT (2.4x coverage).