Wangsu Science & TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Wangsu Science & TechnologyLtd has a total shareholder equity of CN¥9.5B and total debt of CN¥560.3M, which brings its debt-to-equity ratio to 5.9%. Its total assets and total liabilities are CN¥11.2B and CN¥1.7B respectively. Wangsu Science & TechnologyLtd's EBIT is CN¥387.9M making its interest coverage ratio -1.5. It has cash and short-term investments of CN¥5.2B.
Key information
5.9%
Debt to equity ratio
CN¥560.33m
Debt
| Interest coverage ratio | -1.5x |
| Cash | CN¥5.16b |
| Equity | CN¥9.54b |
| Total liabilities | CN¥1.66b |
| Total assets | CN¥11.20b |
Recent financial health updates
We Think Wangsu Science & TechnologyLtd (SZSE:300017) Can Manage Its Debt With Ease
Sep 06
Is Wangsu Science & TechnologyLtd (SZSE:300017) A Risky Investment?
May 22Recent updates
We Think Wangsu Science & TechnologyLtd (SZSE:300017) Can Manage Its Debt With Ease
Sep 06Some Investors May Be Worried About Wangsu Science & TechnologyLtd's (SZSE:300017) Returns On Capital
Jul 01With EPS Growth And More, Wangsu Science & TechnologyLtd (SZSE:300017) Makes An Interesting Case
Jun 13Is Wangsu Science & TechnologyLtd (SZSE:300017) A Risky Investment?
May 22We Think That There Are Some Issues For Wangsu Science & TechnologyLtd (SZSE:300017) Beyond Its Promising Earnings
Apr 19Wangsu 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¥1.6B).
Long Term Liabilities: 300017's short term assets (CN¥6.5B) exceed its long term liabilities (CN¥67.6M).
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 increased from 4.6% to 5.9% over the past 5 years.
Debt Coverage: 300017's debt is well covered by operating cash flow (112.8%).
Interest Coverage: 300017 earns more interest than it pays, so coverage of interest payments is not a concern.