Jiangxi Lian Chuang Optoelectronic Science And TechnologylTd Balance Sheet Health
Financial Health criteria checks 5/6
Jiangxi Lian Chuang Optoelectronic Science And TechnologylTd has a total shareholder equity of CN¥4.9B and total debt of CN¥1.6B, which brings its debt-to-equity ratio to 31.7%. Its total assets and total liabilities are CN¥8.2B and CN¥3.3B respectively. Jiangxi Lian Chuang Optoelectronic Science And TechnologylTd's EBIT is CN¥23.4M making its interest coverage ratio -0.1. It has cash and short-term investments of CN¥1.7B.
Key information
31.7%
Debt to equity ratio
CN¥1.55b
Debt
| Interest coverage ratio | -0.07x |
| Cash | CN¥1.69b |
| Equity | CN¥4.89b |
| Total liabilities | CN¥3.34b |
| Total assets | CN¥8.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600363's short term assets (CN¥4.1B) exceed its short term liabilities (CN¥2.9B).
Long Term Liabilities: 600363's short term assets (CN¥4.1B) exceed its long term liabilities (CN¥410.9M).
Debt to Equity History and Analysis
Debt Level: 600363 has more cash than its total debt.
Reducing Debt: 600363's debt to equity ratio has reduced from 41.7% to 31.7% over the past 5 years.
Debt Coverage: 600363's debt is not well covered by operating cash flow (17.8%).
Interest Coverage: 600363 earns more interest than it pays, so coverage of interest payments is not a concern.