Uni-Trend Technology (China) Balance Sheet Health
Financial Health criteria checks 6/6
Uni-Trend Technology (China) has a total shareholder equity of CN¥1.2B and total debt of CN¥79.6M, which brings its debt-to-equity ratio to 6.5%. Its total assets and total liabilities are CN¥1.6B and CN¥352.2M respectively. Uni-Trend Technology (China)'s EBIT is CN¥173.9M making its interest coverage ratio -11. It has cash and short-term investments of CN¥360.7M.
Key information
6.5%
Debt to equity ratio
CN¥79.62m
Debt
| Interest coverage ratio | -11x |
| Cash | CN¥360.67m |
| Equity | CN¥1.23b |
| Total liabilities | CN¥352.17m |
| Total assets | CN¥1.58b |
Recent financial health updates
Recent updates
Even With A 30% Surge, Cautious Investors Are Not Rewarding Uni-Trend Technology (China) Co., Ltd.'s (SHSE:688628) Performance Completely
Sep 30
Here's Why Uni-Trend Technology (China) (SHSE:688628) Can Manage Its Debt Responsibly
Sep 27Impressive Earnings May Not Tell The Whole Story For Uni-Trend Technology (China) (SHSE:688628)
Aug 30Uni-Trend Technology (China) Co., Ltd.'s (SHSE:688628) Shares Leap 28% Yet They're Still Not Telling The Full Story
Mar 06Financial Position Analysis
Short Term Liabilities: 688628's short term assets (CN¥845.9M) exceed its short term liabilities (CN¥277.7M).
Long Term Liabilities: 688628's short term assets (CN¥845.9M) exceed its long term liabilities (CN¥74.5M).
Debt to Equity History and Analysis
Debt Level: 688628 has more cash than its total debt.
Reducing Debt: 688628's debt to equity ratio has reduced from 17.6% to 6.5% over the past 5 years.
Debt Coverage: 688628's debt is well covered by operating cash flow (242.9%).
Interest Coverage: 688628 earns more interest than it pays, so coverage of interest payments is not a concern.