Wuhan DR Laser Technology Corp.,Ltd

XSEC:300776 Stock Report

Market Cap: CN¥22.4b

Wuhan DR Laser TechnologyLtd Balance Sheet Health

Financial Health criteria checks 4/6

Wuhan DR Laser TechnologyLtd has a total shareholder equity of CN¥3.3B and total debt of CN¥777.1M, which brings its debt-to-equity ratio to 23.4%. Its total assets and total liabilities are CN¥6.4B and CN¥3.1B respectively. Wuhan DR Laser TechnologyLtd's EBIT is CN¥482.6M making its interest coverage ratio -11.7. It has cash and short-term investments of CN¥321.0M.

Key information

23.4%

Debt to equity ratio

CN¥777.07m

Debt

Interest coverage ratio-11.7x
CashCN¥321.01m
EquityCN¥3.32b
Total liabilitiesCN¥3.08b
Total assetsCN¥6.39b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 300776's short term assets (CN¥5.8B) exceed its short term liabilities (CN¥2.2B).

Long Term Liabilities: 300776's short term assets (CN¥5.8B) exceed its long term liabilities (CN¥838.3M).


Debt to Equity History and Analysis

Debt Level: 300776's net debt to equity ratio (13.7%) is considered satisfactory.

Reducing Debt: 300776's debt to equity ratio has increased from 0% to 23.4% over the past 5 years.

Debt Coverage: 300776's debt is not well covered by operating cash flow (19.8%).

Interest Coverage: 300776 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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