Shanghai Longcheer Technology Balance Sheet Health
Financial Health criteria checks 5/6
Shanghai Longcheer Technology has a total shareholder equity of CN¥5.4B and total debt of CN¥1.8B, which brings its debt-to-equity ratio to 33.8%. Its total assets and total liabilities are CN¥23.9B and CN¥18.5B respectively. Shanghai Longcheer Technology's EBIT is CN¥452.7M making its interest coverage ratio -3.7. It has cash and short-term investments of CN¥7.6B.
Key information
33.8%
Debt to equity ratio
CN¥1.82b
Debt
| Interest coverage ratio | -3.7x |
| Cash | CN¥7.59b |
| Equity | CN¥5.40b |
| Total liabilities | CN¥18.54b |
| Total assets | CN¥23.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603341's short term assets (CN¥20.1B) exceed its short term liabilities (CN¥17.5B).
Long Term Liabilities: 603341's short term assets (CN¥20.1B) exceed its long term liabilities (CN¥1.0B).
Debt to Equity History and Analysis
Debt Level: 603341 has more cash than its total debt.
Reducing Debt: 603341's debt to equity ratio has increased from 23.6% to 33.8% over the past 5 years.
Debt Coverage: 603341's debt is well covered by operating cash flow (81.4%).
Interest Coverage: 603341 earns more interest than it pays, so coverage of interest payments is not a concern.