Shenzhen Jufei Optoelectronics Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen Jufei Optoelectronics has a total shareholder equity of CN¥3.2B and total debt of CN¥467.9M, which brings its debt-to-equity ratio to 14.6%. Its total assets and total liabilities are CN¥5.6B and CN¥2.4B respectively. Shenzhen Jufei Optoelectronics's EBIT is CN¥214.7M making its interest coverage ratio -4.6. It has cash and short-term investments of CN¥1.9B.
Key information
14.6%
Debt to equity ratio
CN¥467.88m
Debt
| Interest coverage ratio | -4.6x |
| Cash | CN¥1.91b |
| Equity | CN¥3.21b |
| Total liabilities | CN¥2.40b |
| Total assets | CN¥5.61b |
Recent financial health updates
Recent updates
Shenzhen Jufei Optoelectronics' (SZSE:300303) Profits May Not Reveal Underlying Issues
Nov 02
Shenzhen Jufei Optoelectronics Co., Ltd.'s (SZSE:300303) 45% Price Boost Is Out Of Tune With Earnings
Oct 08Shenzhen Jufei Optoelectronics (SZSE:300303) May Have Issues Allocating Its Capital
Jul 12We Think Shenzhen Jufei Optoelectronics (SZSE:300303) Can Manage Its Debt With Ease
Jun 13We Think Shenzhen Jufei Optoelectronics' (SZSE:300303) Profit Is Only A Baseline For What They Can Achieve
Apr 05Shenzhen Jufei Optoelectronics' (SZSE:300303) Returns Have Hit A Wall
Mar 28There's Reason For Concern Over Shenzhen Jufei Optoelectronics Co., Ltd.'s (SZSE:300303) Price
Feb 28Financial Position Analysis
Short Term Liabilities: 300303's short term assets (CN¥3.9B) exceed its short term liabilities (CN¥1.9B).
Long Term Liabilities: 300303's short term assets (CN¥3.9B) exceed its long term liabilities (CN¥492.6M).
Debt to Equity History and Analysis
Debt Level: 300303 has more cash than its total debt.
Reducing Debt: 300303's debt to equity ratio has increased from 6.3% to 14.6% over the past 5 years.
Debt Coverage: 300303's debt is well covered by operating cash flow (64.6%).
Interest Coverage: 300303 earns more interest than it pays, so coverage of interest payments is not a concern.