Toyou Feiji Electronics Balance Sheet Health
Financial Health criteria checks 4/6
Toyou Feiji Electronics has a total shareholder equity of CN¥1.4B and total debt of CN¥464.6M, which brings its debt-to-equity ratio to 34.2%. Its total assets and total liabilities are CN¥1.9B and CN¥571.0M respectively. Toyou Feiji Electronics's EBIT is CN¥39.5M making its interest coverage ratio -11.5. It has cash and short-term investments of CN¥105.6M.
Key information
34.2%
Debt to equity ratio
CN¥464.59m
Debt
| Interest coverage ratio | -11.5x |
| Cash | CN¥105.61m |
| Equity | CN¥1.36b |
| Total liabilities | CN¥571.03m |
| Total assets | CN¥1.93b |
Recent financial health updates
Recent updates
Toyou Feiji Electronics Co., Ltd.'s (SZSE:300302) Shares Climb 35% But Its Business Is Yet to Catch Up
Nov 12
Revenues Not Telling The Story For Toyou Feiji Electronics Co., Ltd. (SZSE:300302) After Shares Rise 28%
Sep 28Does Toyou Feiji Electronics (SZSE:300302) Have A Healthy Balance Sheet?
Aug 30Toyou Feiji Electronics Co., Ltd.'s (SZSE:300302) Popularity With Investors Under Threat As Stock Sinks 26%
Apr 21Toyou Feiji Electronics Co., Ltd.'s (SZSE:300302) 41% Share Price Surge Not Quite Adding Up
Mar 06Financial Position Analysis
Short Term Liabilities: 300302's short term assets (CN¥666.2M) exceed its short term liabilities (CN¥329.7M).
Long Term Liabilities: 300302's short term assets (CN¥666.2M) exceed its long term liabilities (CN¥241.4M).
Debt to Equity History and Analysis
Debt Level: 300302's net debt to equity ratio (26.4%) is considered satisfactory.
Reducing Debt: 300302's debt to equity ratio has increased from 17.3% to 34.2% over the past 5 years.
Debt Coverage: 300302's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 300302 earns more interest than it pays, so coverage of interest payments is not a concern.