Longshine Technology Group Co., Ltd.

SZSE:300682 Stock Report

Market Cap: CN¥14.5b

Longshine Technology Group Balance Sheet Health

Financial Health criteria checks 5/6

Longshine Technology Group has a total shareholder equity of CN¥7.5B and total debt of CN¥888.4M, which brings its debt-to-equity ratio to 11.9%. Its total assets and total liabilities are CN¥10.1B and CN¥2.7B respectively. Longshine Technology Group's EBIT is CN¥328.6M making its interest coverage ratio -10.9. It has cash and short-term investments of CN¥1.3B.

Key information

11.9%

Debt to equity ratio

CN¥888.42m

Debt

Interest coverage ratio-10.9x
CashCN¥1.32b
EquityCN¥7.45b
Total liabilitiesCN¥2.66b
Total assetsCN¥10.11b

Recent financial health updates

Recent updates

Longshine Technology Group (SZSE:300682) May Have Issues Allocating Its Capital

Nov 17
Longshine Technology Group (SZSE:300682) May Have Issues Allocating Its Capital

We Think That There Are Issues Underlying Longshine Technology Group's (SZSE:300682) Earnings

Nov 01
We Think That There Are Issues Underlying Longshine Technology Group's (SZSE:300682) Earnings

Market Might Still Lack Some Conviction On Longshine Technology Group Co., Ltd. (SZSE:300682) Even After 42% Share Price Boost

Sep 30
Market Might Still Lack Some Conviction On Longshine Technology Group Co., Ltd. (SZSE:300682) Even After 42% Share Price Boost

Longshine Technology Group Co., Ltd. (SZSE:300682) Shares Could Be 39% Below Their Intrinsic Value Estimate

Sep 26
Longshine Technology Group Co., Ltd. (SZSE:300682) Shares Could Be 39% Below Their Intrinsic Value Estimate

Little Excitement Around Longshine Technology Group Co., Ltd.'s (SZSE:300682) Earnings

Aug 01
Little Excitement Around Longshine Technology Group Co., Ltd.'s (SZSE:300682) Earnings

These 4 Measures Indicate That Longshine Technology Group (SZSE:300682) Is Using Debt Safely

May 13
These 4 Measures Indicate That Longshine Technology Group (SZSE:300682) Is Using Debt Safely

Estimating The Fair Value Of Longshine Technology Group Co., Ltd. (SZSE:300682)

Apr 27
Estimating The Fair Value Of Longshine Technology Group Co., Ltd. (SZSE:300682)

Longshine Technology Group's (SZSE:300682) Earnings Are Of Questionable Quality

Apr 09
Longshine Technology Group's (SZSE:300682) Earnings Are Of Questionable Quality

Things Look Grim For Longshine Technology Group Co., Ltd. (SZSE:300682) After Today's Downgrade

Apr 08
Things Look Grim For Longshine Technology Group Co., Ltd. (SZSE:300682) After Today's Downgrade

Longshine Technology Group Co., Ltd. Just Missed Earnings - But Analysts Have Updated Their Models

Apr 07
Longshine Technology Group Co., Ltd. Just Missed Earnings - But Analysts Have Updated Their Models

Longshine Technology Group Co., Ltd.'s (SZSE:300682) 27% Jump Shows Its Popularity With Investors

Mar 04
Longshine Technology Group Co., Ltd.'s (SZSE:300682) 27% Jump Shows Its Popularity With Investors

Financial Position Analysis

Short Term Liabilities: 300682's short term assets (CN¥5.7B) exceed its short term liabilities (CN¥1.9B).

Long Term Liabilities: 300682's short term assets (CN¥5.7B) exceed its long term liabilities (CN¥750.6M).


Debt to Equity History and Analysis

Debt Level: 300682 has more cash than its total debt.

Reducing Debt: 300682's debt to equity ratio has increased from 1.2% to 11.9% over the past 5 years.

Debt Coverage: 300682's debt is well covered by operating cash flow (91.2%).

Interest Coverage: 300682 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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