Shanghai Awinic TechnologyLtd Balance Sheet Health
Financial Health criteria checks 6/6
Shanghai Awinic TechnologyLtd has a total shareholder equity of CN¥3.8B and total debt of CN¥688.4M, which brings its debt-to-equity ratio to 18.3%. Its total assets and total liabilities are CN¥5.0B and CN¥1.2B respectively. Shanghai Awinic TechnologyLtd's EBIT is CN¥133.4M making its interest coverage ratio -4. It has cash and short-term investments of CN¥2.6B.
Key information
18.3%
Debt to equity ratio
CN¥688.37m
Debt
| Interest coverage ratio | -4x |
| Cash | CN¥2.56b |
| Equity | CN¥3.76b |
| Total liabilities | CN¥1.23b |
| Total assets | CN¥4.99b |
Recent financial health updates
No updates
Recent updates
Estimating The Fair Value Of Shanghai Awinic Technology Co.,Ltd. (SHSE:688798)
Sep 05
Results: Shanghai Awinic Technology Co.,Ltd. Exceeded Expectations And The Consensus Has Updated Its Estimates
Aug 21Why Investors Shouldn't Be Surprised By Shanghai Awinic Technology Co.,Ltd.'s (SHSE:688798) Low P/S
Jul 02Shanghai Awinic TechnologyLtd (SHSE:688798) Is Reinvesting At Lower Rates Of Return
May 21We Think That There Are Issues Underlying Shanghai Awinic TechnologyLtd's (SHSE:688798) Earnings
Apr 16Shanghai Awinic Technology Co.,Ltd.'s (SHSE:688798) 28% Price Boost Is Out Of Tune With Revenues
Mar 06Financial Position Analysis
Short Term Liabilities: 688798's short term assets (CN¥3.5B) exceed its short term liabilities (CN¥1.0B).
Long Term Liabilities: 688798's short term assets (CN¥3.5B) exceed its long term liabilities (CN¥189.4M).
Debt to Equity History and Analysis
Debt Level: 688798 has more cash than its total debt.
Reducing Debt: 688798's debt to equity ratio has reduced from 52.4% to 18.3% over the past 5 years.
Debt Coverage: 688798's debt is well covered by operating cash flow (62.6%).
Interest Coverage: 688798 earns more interest than it pays, so coverage of interest payments is not a concern.