Guangdong Champion Asia ElectronicsLtd Balance Sheet Health
Financial Health criteria checks 2/6
Guangdong Champion Asia ElectronicsLtd has a total shareholder equity of CN¥1.5B and total debt of CN¥811.1M, which brings its debt-to-equity ratio to 54.2%. Its total assets and total liabilities are CN¥3.4B and CN¥1.9B respectively. Guangdong Champion Asia ElectronicsLtd's EBIT is CN¥26.8M making its interest coverage ratio 0.9. It has cash and short-term investments of CN¥81.1M.
Key information
54.2%
Debt to equity ratio
CN¥811.05m
Debt
| Interest coverage ratio | 0.9x |
| Cash | CN¥81.10m |
| Equity | CN¥1.50b |
| Total liabilities | CN¥1.92b |
| Total assets | CN¥3.41b |
Recent financial health updates
No updates
Recent updates
Guangdong Champion Asia ElectronicsLtd's (SHSE:603386) Soft Earnings Don't Show The Whole Picture
May 02
There'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¥1.1B) do not cover its short term liabilities (CN¥1.6B).
Long Term Liabilities: 603386's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥362.1M).
Debt to Equity History and Analysis
Debt Level: 603386's net debt to equity ratio (48.8%) is considered high.
Reducing Debt: 603386's debt to equity ratio has increased from 30% to 54.2% over the past 5 years.
Debt Coverage: 603386's debt is well covered by operating cash flow (29.7%).
Interest Coverage: 603386's interest payments on its debt are not well covered by EBIT (0.9x coverage).