Guangdong Weide Information Technology CO.Ltd Balance Sheet Health
Financial Health criteria checks 6/6
Guangdong Weide Information TechnologyLtd has a total shareholder equity of CN¥834.4M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥862.8M and CN¥28.5M respectively. Guangdong Weide Information TechnologyLtd's EBIT is CN¥636.3K making its interest coverage ratio -0.1. It has cash and short-term investments of CN¥566.8M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -0.09x |
| Cash | CN¥566.75m |
| Equity | CN¥834.37m |
| Total liabilities | CN¥28.46m |
| Total assets | CN¥862.83m |
Recent financial health updates
No updates
Recent updates
Guangdong Weide Information Technology CO,.Ltd.'s (SHSE:688171) 33% Share Price Surge Not Quite Adding Up
Oct 17
Weak Statutory Earnings May Not Tell The Whole Story For Guangdong Weide Information Technology CO.Ltd (SHSE:688171)
Sep 11Some Confidence Is Lacking In Guangdong Weide Information Technology CO,.Ltd.'s (SHSE:688171) P/E
Jun 06Optimistic Investors Push Guangdong Weide Information Technology CO,.Ltd. (SHSE:688171) Shares Up 37% But Growth Is Lacking
Mar 06Financial Position Analysis
Short Term Liabilities: 688171's short term assets (CN¥712.0M) exceed its short term liabilities (CN¥28.5M).
Long Term Liabilities: 688171 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 688171 is debt free.
Reducing Debt: 688171 has no debt compared to 5 years ago when its debt to equity ratio was 1.9%.
Debt Coverage: 688171 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 688171 has no debt, therefore coverage of interest payments is not a concern.