Willfar Information Technology Co., Ltd.

SHSE:688100 Stock Report

Market Cap: CN¥17.4b

Willfar Information Technology Balance Sheet Health

Financial Health criteria checks 5/6

Willfar Information Technology has a total shareholder equity of CN¥2.9B and total debt of CN¥7.2M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are CN¥4.5B and CN¥1.6B respectively. Willfar Information Technology's EBIT is CN¥531.1M making its interest coverage ratio -13.9. It has cash and short-term investments of CN¥1.9B.

Key information

0.3%

Debt to equity ratio

CN¥7.24m

Debt

Interest coverage ratio-13.9x
CashCN¥1.86b
EquityCN¥2.87b
Total liabilitiesCN¥1.60b
Total assetsCN¥4.48b

Recent financial health updates

Recent updates

Returns Are Gaining Momentum At Willfar Information Technology (SHSE:688100)

Jun 10
Returns Are Gaining Momentum At Willfar Information Technology (SHSE:688100)

Investors Shouldn't Be Too Comfortable With Willfar Information Technology's (SHSE:688100) Earnings

May 02
Investors Shouldn't Be Too Comfortable With Willfar Information Technology's (SHSE:688100) Earnings

Here's Why We Think Willfar Information Technology (SHSE:688100) Is Well Worth Watching

Apr 07
Here's Why We Think Willfar Information Technology (SHSE:688100) Is Well Worth Watching

These 4 Measures Indicate That Willfar Information Technology (SHSE:688100) Is Using Debt Safely

Mar 20
These 4 Measures Indicate That Willfar Information Technology (SHSE:688100) Is Using Debt Safely

Willfar Information Technology Co., Ltd.'s (SHSE:688100) Shares Leap 34% Yet They're Still Not Telling The Full Story

Mar 01
Willfar Information Technology Co., Ltd.'s (SHSE:688100) Shares Leap 34% Yet They're Still Not Telling The Full Story

Willfar Information Technology's (SHSE:688100) Returns On Capital Are Heading Higher

Feb 28
Willfar Information Technology's (SHSE:688100) Returns On Capital Are Heading Higher

Financial Position Analysis

Short Term Liabilities: 688100's short term assets (CN¥3.9B) exceed its short term liabilities (CN¥1.6B).

Long Term Liabilities: 688100's short term assets (CN¥3.9B) exceed its long term liabilities (CN¥23.5M).


Debt to Equity History and Analysis

Debt Level: 688100 has more cash than its total debt.

Reducing Debt: 688100's debt to equity ratio has increased from 0% to 0.3% over the past 5 years.

Debt Coverage: 688100's debt is well covered by operating cash flow (6030.8%).

Interest Coverage: 688100 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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