Shenzhen Yanmade Technology Balance Sheet Health
Financial Health criteria checks 4/6
Shenzhen Yanmade Technology has a total shareholder equity of CN¥1.3B and total debt of CN¥58.1M, which brings its debt-to-equity ratio to 4.3%. Its total assets and total liabilities are CN¥1.6B and CN¥236.1M respectively. Shenzhen Yanmade Technology's EBIT is CN¥43.0M making its interest coverage ratio -3. It has cash and short-term investments of CN¥904.5M.
Key information
4.3%
Debt to equity ratio
CN¥58.15m
Debt
Interest coverage ratio | -3x |
Cash | CN¥904.55m |
Equity | CN¥1.34b |
Total liabilities | CN¥236.06m |
Total assets | CN¥1.58b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688312's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥227.3M).
Long Term Liabilities: 688312's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥8.7M).
Debt to Equity History and Analysis
Debt Level: 688312 has more cash than its total debt.
Reducing Debt: 688312's debt to equity ratio has increased from 3.4% to 4.3% over the past 5 years.
Debt Coverage: 688312's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 688312 earns more interest than it pays, so coverage of interest payments is not a concern.