Kinco Automation (Shanghai)Ltd Balance Sheet Health
Financial Health criteria checks 5/6
Kinco Automation (Shanghai)Ltd has a total shareholder equity of CN¥763.3M and total debt of CN¥100.0M, which brings its debt-to-equity ratio to 13.1%. Its total assets and total liabilities are CN¥1.0B and CN¥265.0M respectively. Kinco Automation (Shanghai)Ltd's EBIT is CN¥37.8M making its interest coverage ratio -3.8. It has cash and short-term investments of CN¥348.7M.
Key information
13.1%
Debt to equity ratio
CN¥100.00m
Debt
| Interest coverage ratio | -3.8x |
| Cash | CN¥348.66m |
| Equity | CN¥763.29m |
| Total liabilities | CN¥264.98m |
| Total assets | CN¥1.03b |
Recent financial health updates
No updates
Recent updates
Kinco Automation (Shanghai)Ltd's (SHSE:688160) Weak Earnings May Only Reveal A Part Of The Whole Picture
Nov 05
What Kinco Automation (Shanghai) Co.,Ltd's (SHSE:688160) 27% Share Price Gain Is Not Telling You
Oct 01Here's What's Concerning About Kinco Automation (Shanghai)Ltd's (SHSE:688160) Returns On Capital
Aug 27Kinco Automation (Shanghai) Co.,Ltd's (SHSE:688160) Business Is Yet to Catch Up With Its Share Price
Jul 31Risks Still Elevated At These Prices As Kinco Automation (Shanghai) Co.,Ltd (SHSE:688160) Shares Dive 28%
Apr 15What Kinco Automation (Shanghai) Co.,Ltd's (SHSE:688160) 25% Share Price Gain Is Not Telling You
Feb 29Financial Position Analysis
Short Term Liabilities: 688160's short term assets (CN¥736.5M) exceed its short term liabilities (CN¥247.0M).
Long Term Liabilities: 688160's short term assets (CN¥736.5M) exceed its long term liabilities (CN¥18.0M).
Debt to Equity History and Analysis
Debt Level: 688160 has more cash than its total debt.
Reducing Debt: 688160's debt to equity ratio has increased from 0% to 13.1% over the past 5 years.
Debt Coverage: 688160's debt is well covered by operating cash flow (96.1%).
Interest Coverage: 688160 earns more interest than it pays, so coverage of interest payments is not a concern.