Luxshare Precision Industry Balance Sheet Health
Financial Health criteria checks 5/6
Luxshare Precision Industry has a total shareholder equity of CN¥74.0B and total debt of CN¥60.8B, which brings its debt-to-equity ratio to 82.2%. Its total assets and total liabilities are CN¥182.8B and CN¥108.8B respectively. Luxshare Precision Industry's EBIT is CN¥10.7B making its interest coverage ratio -5.8. It has cash and short-term investments of CN¥41.3B.
Key information
82.2%
Debt to equity ratio
CN¥60.83b
Debt
| Interest coverage ratio | -5.8x |
| Cash | CN¥41.31b |
| Equity | CN¥74.03b |
| Total liabilities | CN¥108.79b |
| Total assets | CN¥182.83b |
Recent financial health updates
Recent updates
Luxshare Precision Industry Co., Ltd. Just Missed Revenue By 5.9%: Here's What Analysts Think Will Happen Next
Aug 26
Returns On Capital Signal Tricky Times Ahead For Luxshare Precision Industry (SZSE:002475)
Aug 19A Look At The Fair Value Of Luxshare Precision Industry Co., Ltd. (SZSE:002475)
Jul 23What Does Luxshare Precision Industry Co., Ltd.'s (SZSE:002475) Share Price Indicate?
Jul 12Cautious Investors Not Rewarding Luxshare Precision Industry Co., Ltd.'s (SZSE:002475) Performance Completely
Jun 13Is Luxshare Precision Industry (SZSE:002475) A Risky Investment?
Jun 02Does Luxshare Precision Industry (SZSE:002475) Deserve A Spot On Your Watchlist?
May 21We Think That There Are Issues Underlying Luxshare Precision Industry's (SZSE:002475) Earnings
May 02Luxshare Precision Industry Co., Ltd. Just Missed EPS By 5.5%: Here's What Analysts Think Will Happen Next
Apr 28There Are Reasons To Feel Uneasy About Luxshare Precision Industry's (SZSE:002475) Returns On Capital
Mar 12Financial Position Analysis
Short Term Liabilities: 002475's short term assets (CN¥107.9B) exceed its short term liabilities (CN¥84.7B).
Long Term Liabilities: 002475's short term assets (CN¥107.9B) exceed its long term liabilities (CN¥24.1B).
Debt to Equity History and Analysis
Debt Level: 002475's net debt to equity ratio (26.4%) is considered satisfactory.
Reducing Debt: 002475's debt to equity ratio has increased from 41% to 82.2% over the past 5 years.
Debt Coverage: 002475's debt is well covered by operating cash flow (34.8%).
Interest Coverage: 002475 earns more interest than it pays, so coverage of interest payments is not a concern.