Pinming Technology Balance Sheet Health
Financial Health criteria checks 5/6
Pinming Technology has a total shareholder equity of CN¥768.3M and total debt of CN¥4.5M, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are CN¥840.0M and CN¥71.8M respectively. Pinming Technology's EBIT is CN¥21.4M making its interest coverage ratio -2.6. It has cash and short-term investments of CN¥296.3M.
Key information
0.6%
Debt to equity ratio
CN¥4.46m
Debt
Interest coverage ratio | -2.6x |
Cash | CN¥296.27m |
Equity | CN¥768.26m |
Total liabilities | CN¥71.78m |
Total assets | CN¥840.04m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688109's short term assets (CN¥810.8M) exceed its short term liabilities (CN¥65.8M).
Long Term Liabilities: 688109's short term assets (CN¥810.8M) exceed its long term liabilities (CN¥6.0M).
Debt to Equity History and Analysis
Debt Level: 688109 has more cash than its total debt.
Reducing Debt: 688109's debt to equity ratio has increased from 0% to 0.6% over the past 5 years.
Debt Coverage: 688109's debt is well covered by operating cash flow (687.8%).
Interest Coverage: 688109 earns more interest than it pays, so coverage of interest payments is not a concern.