Guangdong Fenghua Advanced Technology (Holding) Balance Sheet Health
Financial Health criteria checks 5/6
Guangdong Fenghua Advanced Technology (Holding) has a total shareholder equity of CN¥12.1B and total debt of CN¥447.0M, which brings its debt-to-equity ratio to 3.7%. Its total assets and total liabilities are CN¥15.5B and CN¥3.4B respectively. Guangdong Fenghua Advanced Technology (Holding)'s EBIT is CN¥38.8M making its interest coverage ratio -0.2. It has cash and short-term investments of CN¥4.3B.
Key information
3.7%
Debt to equity ratio
CN¥447.01m
Debt
Interest coverage ratio | -0.2x |
Cash | CN¥4.31b |
Equity | CN¥12.12b |
Total liabilities | CN¥3.43b |
Total assets | CN¥15.55b |
Recent financial health updates
Recent updates
Is Guangdong Fenghua Advanced Technology (Holding) (SZSE:000636) Using Too Much Debt?
Aug 07Guangdong Fenghua Advanced Technology (Holding) Co., Ltd.'s (SZSE:000636) Share Price Could Signal Some Risk
Jul 19Returns On Capital At Guangdong Fenghua Advanced Technology (Holding) (SZSE:000636) Paint A Concerning Picture
Jun 07Investors Can Find Comfort In Guangdong Fenghua Advanced Technology (Holding)'s (SZSE:000636) Earnings Quality
Apr 23Revenues Tell The Story For Guangdong Fenghua Advanced Technology (Holding) Co., Ltd. (SZSE:000636)
Mar 01Financial Position Analysis
Short Term Liabilities: 000636's short term assets (CN¥7.1B) exceed its short term liabilities (CN¥2.6B).
Long Term Liabilities: 000636's short term assets (CN¥7.1B) exceed its long term liabilities (CN¥787.2M).
Debt to Equity History and Analysis
Debt Level: 000636 has more cash than its total debt.
Reducing Debt: 000636's debt to equity ratio has increased from 0.7% to 3.7% over the past 5 years.
Debt Coverage: 000636's debt is well covered by operating cash flow (72%).
Interest Coverage: 000636 earns more interest than it pays, so coverage of interest payments is not a concern.