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¥4.7B and total debt of CN¥1.4B, which brings its debt-to-equity ratio to 29.2%. Its total assets and total liabilities are CN¥7.7B and CN¥3.0B respectively. Jiangxi Lian Chuang Optoelectronic Science And TechnologylTd's EBIT is CN¥144.8M making its interest coverage ratio -0.4. It has cash and short-term investments of CN¥1.6B.
Key information
29.2%
Debt to equity ratio
CN¥1.38b
Debt
Interest coverage ratio | -0.4x |
Cash | CN¥1.63b |
Equity | CN¥4.71b |
Total liabilities | CN¥2.96b |
Total assets | CN¥7.66b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600363's short term assets (CN¥3.7B) exceed its short term liabilities (CN¥2.6B).
Long Term Liabilities: 600363's short term assets (CN¥3.7B) exceed its long term liabilities (CN¥387.1M).
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 39% to 29.2% over the past 5 years.
Debt Coverage: 600363's debt is not well covered by operating cash flow (18.2%).
Interest Coverage: 600363 earns more interest than it pays, so coverage of interest payments is not a concern.