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¥80.5M, which brings its debt-to-equity ratio to 6.8%. Its total assets and total liabilities are CN¥1.5B and CN¥313.7M respectively. Uni-Trend Technology (China)'s EBIT is CN¥158.0M making its interest coverage ratio -12.9. It has cash and short-term investments of CN¥330.0M.
Key information
6.8%
Debt to equity ratio
CN¥80.55m
Debt
| Interest coverage ratio | -12.9x |
| Cash | CN¥329.99m |
| Equity | CN¥1.19b |
| Total liabilities | CN¥313.65m |
| Total assets | CN¥1.51b |
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¥793.5M) exceed its short term liabilities (CN¥253.5M).
Long Term Liabilities: 688628's short term assets (CN¥793.5M) exceed its long term liabilities (CN¥60.2M).
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 26.7% to 6.8% over the past 5 years.
Debt Coverage: 688628's debt is well covered by operating cash flow (194.5%).
Interest Coverage: 688628 earns more interest than it pays, so coverage of interest payments is not a concern.