Shenzhen Jufei Optoelectronics Balance Sheet Health
Financial Health criteria checks 4/6
Shenzhen Jufei Optoelectronics has a total shareholder equity of CN¥3.1B and total debt of CN¥681.2M, which brings its debt-to-equity ratio to 21.7%. Its total assets and total liabilities are CN¥5.5B and CN¥2.4B respectively. Shenzhen Jufei Optoelectronics's EBIT is CN¥218.9M making its interest coverage ratio -12.3. It has cash and short-term investments of CN¥1.9B.
Key information
21.7%
Debt to equity ratio
CN¥681.20m
Debt
Interest coverage ratio | -12.3x |
Cash | CN¥1.90b |
Equity | CN¥3.15b |
Total liabilities | CN¥2.35b |
Total assets | CN¥5.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300303's short term assets (CN¥3.8B) exceed its short term liabilities (CN¥1.9B).
Long Term Liabilities: 300303's short term assets (CN¥3.8B) exceed its long term liabilities (CN¥490.9M).
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 0% to 21.7% over the past 5 years.
Debt Coverage: 300303's debt is not well covered by operating cash flow (19%).
Interest Coverage: 300303 earns more interest than it pays, so coverage of interest payments is not a concern.