Wangsu Science & TechnologyLtd Balance Sheet Health
Financial Health criteria checks 6/6
Wangsu Science & TechnologyLtd has a total shareholder equity of CN¥10.0B and total debt of CN¥80.1M, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are CN¥11.2B and CN¥1.2B respectively. Wangsu Science & TechnologyLtd's EBIT is CN¥345.2M making its interest coverage ratio -1.4. It has cash and short-term investments of CN¥5.3B.
Key information
0.8%
Debt to equity ratio
CN¥80.07m
Debt
| Interest coverage ratio | -1.4x |
| Cash | CN¥5.29b |
| Equity | CN¥9.98b |
| Total liabilities | CN¥1.24b |
| Total assets | CN¥11.22b |
Recent financial health updates
No updates
Recent updates
We Think That There Are Some Issues For Wangsu Science & TechnologyLtd (SZSE:300017) Beyond Its Promising Earnings
Apr 19
Wangsu Science & Technology Co.,Ltd. Just Recorded A 18% EPS Beat: Here's What Analysts Are Forecasting Next
Apr 17These Return Metrics Don't Make Wangsu Science & TechnologyLtd (SZSE:300017) Look Too Strong
Mar 21Unpleasant Surprises Could Be In Store For Wangsu Science & Technology Co.,Ltd.'s (SZSE:300017) Shares
Feb 27Financial Position Analysis
Short Term Liabilities: 300017's short term assets (CN¥6.5B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 300017's short term assets (CN¥6.5B) exceed its long term liabilities (CN¥72.8M).
Debt to Equity History and Analysis
Debt Level: 300017 has more cash than its total debt.
Reducing Debt: 300017's debt to equity ratio has reduced from 11.7% to 0.8% over the past 5 years.
Debt Coverage: 300017's debt is well covered by operating cash flow (1226.5%).
Interest Coverage: 300017 earns more interest than it pays, so coverage of interest payments is not a concern.