Shenzhen Longli TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen Longli TechnologyLtd has a total shareholder equity of CN¥1.1B and total debt of CN¥109.1M, which brings its debt-to-equity ratio to 9.9%. Its total assets and total liabilities are CN¥1.8B and CN¥679.6M respectively. Shenzhen Longli TechnologyLtd's EBIT is CN¥70.9M making its interest coverage ratio -231.2. It has cash and short-term investments of CN¥469.5M.
Key information
9.9%
Debt to equity ratio
CN¥109.08m
Debt
Interest coverage ratio | -231.2x |
Cash | CN¥469.45m |
Equity | CN¥1.10b |
Total liabilities | CN¥679.60m |
Total assets | CN¥1.78b |
Recent financial health updates
No updates
Recent updates
Shenzhen Longli Technology Co.,Ltd (SZSE:300752) Surges 43% Yet Its Low P/S Is No Reason For Excitement
May 21Additional Considerations Required While Assessing Shenzhen Longli TechnologyLtd's (SZSE:300752) Strong Earnings
May 02Shenzhen Longli Technology Co.,Ltd's (SZSE:300752) Shares Bounce 29% But Its Business Still Trails The Industry
Mar 06Financial Position Analysis
Short Term Liabilities: 300752's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥624.0M).
Long Term Liabilities: 300752's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥55.6M).
Debt to Equity History and Analysis
Debt Level: 300752 has more cash than its total debt.
Reducing Debt: 300752's debt to equity ratio has increased from 1.3% to 9.9% over the past 5 years.
Debt Coverage: 300752's debt is well covered by operating cash flow (131.5%).
Interest Coverage: 300752 earns more interest than it pays, so coverage of interest payments is not a concern.