NanJing GOVA Technology Co., Ltd.

SHSE:688539 Stock Report

Market Cap: CN¥4.5b

NanJing GOVA Technology Balance Sheet Health

Financial Health criteria checks 5/6

NanJing GOVA Technology has a total shareholder equity of CN¥1.8B and total debt of CN¥20.0M, which brings its debt-to-equity ratio to 1.1%. Its total assets and total liabilities are CN¥2.0B and CN¥201.7M respectively. NanJing GOVA Technology's EBIT is CN¥63.9M making its interest coverage ratio -3.1. It has cash and short-term investments of CN¥1.0B.

Key information

1.1%

Debt to equity ratio

CN¥20.02m

Debt

Interest coverage ratio-3.1x
CashCN¥1.00b
EquityCN¥1.75b
Total liabilitiesCN¥201.72m
Total assetsCN¥1.95b

Recent financial health updates

No updates

Recent updates

NanJing GOVA Technology's (SHSE:688539) Returns On Capital Not Reflecting Well On The Business

Oct 23
NanJing GOVA Technology's (SHSE:688539) Returns On Capital Not Reflecting Well On The Business

Returns On Capital At NanJing GOVA Technology (SHSE:688539) Paint A Concerning Picture

Jul 18
Returns On Capital At NanJing GOVA Technology (SHSE:688539) Paint A Concerning Picture

Solid Earnings May Not Tell The Whole Story For NanJing GOVA Technology (SHSE:688539)

May 03
Solid Earnings May Not Tell The Whole Story For NanJing GOVA Technology (SHSE:688539)

Financial Position Analysis

Short Term Liabilities: 688539's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥166.0M).

Long Term Liabilities: 688539's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥35.7M).


Debt to Equity History and Analysis

Debt Level: 688539 has more cash than its total debt.

Reducing Debt: 688539's debt to equity ratio has reduced from 42.2% to 1.1% over the past 5 years.

Debt Coverage: 688539's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 688539 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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