Yonyou Network TechnologyLtd Balance Sheet Health
Financial Health criteria checks 3/6
Yonyou Network TechnologyLtd has a total shareholder equity of CN¥11.3B and total debt of CN¥6.5B, which brings its debt-to-equity ratio to 57.6%. Its total assets and total liabilities are CN¥24.4B and CN¥13.1B respectively.
Key information
57.6%
Debt to equity ratio
CN¥6.50b
Debt
Interest coverage ratio | n/a |
Cash | CN¥6.45b |
Equity | CN¥11.27b |
Total liabilities | CN¥13.08b |
Total assets | CN¥24.35b |
Recent financial health updates
Recent updates
Yonyou Network Technology Co.,Ltd. (SHSE:600588) Just Released Its First-Quarter Results And Analysts Are Updating Their Estimates
Apr 30There's Reason For Concern Over Yonyou Network Technology Co.,Ltd.'s (SHSE:600588) Price
Apr 23Health Check: How Prudently Does Yonyou Network TechnologyLtd (SHSE:600588) Use Debt?
Mar 21Estimating The Intrinsic Value Of Yonyou Network Technology Co.,Ltd. (SHSE:600588)
Feb 29Financial Position Analysis
Short Term Liabilities: 600588's short term assets (CN¥11.4B) exceed its short term liabilities (CN¥10.2B).
Long Term Liabilities: 600588's short term assets (CN¥11.4B) exceed its long term liabilities (CN¥2.8B).
Debt to Equity History and Analysis
Debt Level: 600588's net debt to equity ratio (0.4%) is considered satisfactory.
Reducing Debt: 600588's debt to equity ratio has increased from 52.4% to 57.6% over the past 5 years.
Debt Coverage: 600588's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 600588's interest payments on its debt are well covered by EBIT.