Longshine Technology Group Balance Sheet Health
Financial Health criteria checks 5/6
Longshine Technology Group has a total shareholder equity of CN¥7.6B and total debt of CN¥531.5M, which brings its debt-to-equity ratio to 7%. Its total assets and total liabilities are CN¥9.8B and CN¥2.2B respectively. Longshine Technology Group's EBIT is CN¥331.6M making its interest coverage ratio -7.5. It has cash and short-term investments of CN¥1.4B.
Key information
7.0%
Debt to equity ratio
CN¥531.49m
Debt
| Interest coverage ratio | -7.5x |
| Cash | CN¥1.45b |
| Equity | CN¥7.57b |
| Total liabilities | CN¥2.23b |
| Total assets | CN¥9.80b |
Recent financial health updates
No updates
Recent updates
Estimating The Fair Value Of Longshine Technology Group Co., Ltd. (SZSE:300682)
Apr 27
Longshine Technology Group's (SZSE:300682) Earnings Are Of Questionable Quality
Apr 09Things Look Grim For Longshine Technology Group Co., Ltd. (SZSE:300682) After Today's Downgrade
Apr 08Longshine Technology Group Co., Ltd. Just Missed Earnings - But Analysts Have Updated Their Models
Apr 07Longshine Technology Group Co., Ltd.'s (SZSE:300682) 27% Jump Shows Its Popularity With Investors
Mar 04Financial Position Analysis
Short Term Liabilities: 300682's short term assets (CN¥5.9B) exceed its short term liabilities (CN¥1.7B).
Long Term Liabilities: 300682's short term assets (CN¥5.9B) exceed its long term liabilities (CN¥570.4M).
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 6.7% to 7% over the past 5 years.
Debt Coverage: 300682's debt is well covered by operating cash flow (111%).
Interest Coverage: 300682 earns more interest than it pays, so coverage of interest payments is not a concern.