Guangdong Champion Asia ElectronicsLtd Balance Sheet Health
Financial Health criteria checks 1/6
Guangdong Champion Asia ElectronicsLtd has a total shareholder equity of CN¥1.5B and total debt of CN¥911.2M, which brings its debt-to-equity ratio to 61.4%. Its total assets and total liabilities are CN¥3.5B and CN¥2.0B respectively.
Key information
61.4%
Debt to equity ratio
CN¥911.15m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥58.52m |
| Equity | CN¥1.48b |
| Total liabilities | CN¥2.00b |
| Total assets | CN¥3.48b |
Recent financial health updates
No updates
Recent updates
Some Investors May Be Worried About Guangdong Champion Asia ElectronicsLtd's (SHSE:603386) Returns On Capital
Jul 24
Guangdong Champion Asia Electronics Co.,Ltd.'s (SHSE:603386) Shares Bounce 30% But Its Business Still Trails The Industry
Jun 29Guangdong Champion Asia ElectronicsLtd's (SHSE:603386) Soft Earnings Don't Show The Whole Picture
May 02There's Reason For Concern Over Guangdong Champion Asia Electronics Co.,Ltd.'s (SHSE:603386) Massive 32% Price Jump
Mar 08Guangdong Champion Asia ElectronicsLtd (SHSE:603386) May Have Issues Allocating Its Capital
Feb 28Financial Position Analysis
Short Term Liabilities: 603386's short term assets (CN¥1.2B) do not cover its short term liabilities (CN¥1.7B).
Long Term Liabilities: 603386's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥295.3M).
Debt to Equity History and Analysis
Debt Level: 603386's net debt to equity ratio (57.5%) is considered high.
Reducing Debt: 603386's debt to equity ratio has increased from 45.1% to 61.4% over the past 5 years.
Debt Coverage: 603386's debt is not well covered by operating cash flow (16.4%).
Interest Coverage: Insufficient data to determine if 603386's interest payments on its debt are well covered by EBIT.