Kunshan Kersen Science & TechnologyLtd Balance Sheet Health
Financial Health criteria checks 3/6
Kunshan Kersen Science & TechnologyLtd has a total shareholder equity of CN¥2.5B and total debt of CN¥1.5B, which brings its debt-to-equity ratio to 60%. Its total assets and total liabilities are CN¥5.6B and CN¥3.1B respectively.
Key information
60.0%
Debt to equity ratio
CN¥1.50b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥344.67m |
| Equity | CN¥2.50b |
| Total liabilities | CN¥3.10b |
| Total assets | CN¥5.60b |
Recent financial health updates
No updates
Recent updates
Kunshan Kersen Science & Technology Co.,Ltd.'s (SHSE:603626) Share Price Boosted 35% But Its Business Prospects Need A Lift Too
Nov 11
Kunshan Kersen Science & Technology Co.,Ltd.'s (SHSE:603626) Low P/S No Reason For Excitement
Aug 26The Market Doesn't Like What It Sees From Kunshan Kersen Science & Technology Co.,Ltd.'s (SHSE:603626) Revenues Yet As Shares Tumble 28%
Apr 26Kunshan Kersen Science & Technology Co.,Ltd.'s (SHSE:603626) Price Is Right But Growth Is Lacking After Shares Rocket 28%
Mar 06Financial Position Analysis
Short Term Liabilities: 603626's short term assets (CN¥2.3B) do not cover its short term liabilities (CN¥2.3B).
Long Term Liabilities: 603626's short term assets (CN¥2.3B) exceed its long term liabilities (CN¥780.6M).
Debt to Equity History and Analysis
Debt Level: 603626's net debt to equity ratio (46.2%) is considered high.
Reducing Debt: 603626's debt to equity ratio has reduced from 83.8% to 60% over the past 5 years.
Debt Coverage: 603626's debt is well covered by operating cash flow (23%).
Interest Coverage: Insufficient data to determine if 603626's interest payments on its debt are well covered by EBIT.