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 |
| Cash | CN¥1.32b |
| Equity | CN¥7.45b |
| Total liabilities | CN¥2.66b |
| Total assets | CN¥10.11b |
Recent financial health updates
Recent updates
Longshine Technology Group (SZSE:300682) May Have Issues Allocating Its Capital
Nov 17
We Think That There Are Issues Underlying Longshine Technology Group's (SZSE:300682) Earnings
Nov 01Market Might Still Lack Some Conviction On Longshine Technology Group Co., Ltd. (SZSE:300682) Even After 42% Share Price Boost
Sep 30Longshine Technology Group Co., Ltd. (SZSE:300682) Shares Could Be 39% Below Their Intrinsic Value Estimate
Sep 26Little Excitement Around Longshine Technology Group Co., Ltd.'s (SZSE:300682) Earnings
Aug 01These 4 Measures Indicate That Longshine Technology Group (SZSE:300682) Is Using Debt Safely
May 13Estimating The Fair Value Of Longshine Technology Group Co., Ltd. (SZSE:300682)
Apr 27Longshine 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¥5.7B) 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.