Wingtech TechnologyLtd Balance Sheet Health
Financial Health criteria checks 6/6
Wingtech TechnologyLtd has a total shareholder equity of CN¥38.0B and total debt of CN¥17.5B, which brings its debt-to-equity ratio to 45.9%. Its total assets and total liabilities are CN¥78.1B and CN¥40.1B respectively. Wingtech TechnologyLtd's EBIT is CN¥1.3B making its interest coverage ratio 3.5. It has cash and short-term investments of CN¥8.6B.
Key information
45.9%
Debt to equity ratio
CN¥17.48b
Debt
| Interest coverage ratio | 3.5x |
| Cash | CN¥8.65b |
| Equity | CN¥38.04b |
| Total liabilities | CN¥40.09b |
| Total assets | CN¥78.14b |
Recent financial health updates
Is Wingtech TechnologyLtd (SHSE:600745) A Risky Investment?
Aug 29
Wingtech TechnologyLtd (SHSE:600745) Has A Somewhat Strained Balance Sheet
May 22Recent updates
Wingtech TechnologyLtd (SHSE:600745) Will Be Hoping To Turn Its Returns On Capital Around
Nov 13Should You Think About Buying Wingtech Technology Co.,Ltd (SHSE:600745) Now?
Oct 16Wingtech Technology Co.,Ltd's (SHSE:600745) Shares Bounce 25% But Its Business Still Trails The Industry
Oct 01Is Wingtech TechnologyLtd (SHSE:600745) A Risky Investment?
Aug 29The Return Trends At Wingtech TechnologyLtd (SHSE:600745) Look Promising
Aug 12Why Investors Shouldn't Be Surprised By Wingtech Technology Co.,Ltd's (SHSE:600745) P/E
Jul 28Is Wingtech Technology Co.,Ltd (SHSE:600745) Trading At A 31% Discount?
Jul 12Wingtech TechnologyLtd (SHSE:600745) Has A Somewhat Strained Balance Sheet
May 22There May Be Reason For Hope In Wingtech TechnologyLtd's (SHSE:600745) Disappointing Earnings
Apr 30Many Still Looking Away From Wingtech Technology Co.,Ltd (SHSE:600745)
Apr 16Wingtech TechnologyLtd (SHSE:600745) Shareholders Will Want The ROCE Trajectory To Continue
Mar 25Financial Position Analysis
Short Term Liabilities: 600745's short term assets (CN¥30.7B) exceed its short term liabilities (CN¥27.3B).
Long Term Liabilities: 600745's short term assets (CN¥30.7B) exceed its long term liabilities (CN¥12.8B).
Debt to Equity History and Analysis
Debt Level: 600745's net debt to equity ratio (23.2%) is considered satisfactory.
Reducing Debt: 600745's debt to equity ratio has reduced from 166.2% to 45.9% over the past 5 years.
Debt Coverage: 600745's debt is well covered by operating cash flow (27.9%).
Interest Coverage: 600745's interest payments on its debt are well covered by EBIT (3.5x coverage).