Cetc Potevio Science&TechnologyLtd Balance Sheet Health
Financial Health criteria checks 6/6
Cetc Potevio Science&TechnologyLtd has a total shareholder equity of CN¥3.8B and total debt of CN¥861.9M, which brings its debt-to-equity ratio to 22.4%. Its total assets and total liabilities are CN¥10.2B and CN¥6.3B respectively. Cetc Potevio Science&TechnologyLtd's EBIT is CN¥199.1M making its interest coverage ratio 23.1. It has cash and short-term investments of CN¥2.4B.
Key information
22.4%
Debt to equity ratio
CN¥861.93m
Debt
| Interest coverage ratio | 23.1x |
| Cash | CN¥2.38b |
| Equity | CN¥3.84b |
| Total liabilities | CN¥6.34b |
| Total assets | CN¥10.18b |
Recent financial health updates
No updates
Recent updates
This Broker Just Slashed Their Cetc Potevio Science&Technology Co.,Ltd. (SZSE:002544) Earnings Forecasts
May 01
Cetc Potevio Science&TechnologyLtd's (SZSE:002544) Returns On Capital Not Reflecting Well On The Business
Apr 17A Look At The Intrinsic Value Of Cetc Potevio Science&Technology Co.,Ltd. (SZSE:002544)
Mar 25Cetc Potevio Science&Technology Co.,Ltd. (SZSE:002544) Stocks Shoot Up 32% But Its P/E Still Looks Reasonable
Mar 06Financial Position Analysis
Short Term Liabilities: 002544's short term assets (CN¥8.8B) exceed its short term liabilities (CN¥6.3B).
Long Term Liabilities: 002544's short term assets (CN¥8.8B) exceed its long term liabilities (CN¥82.4M).
Debt to Equity History and Analysis
Debt Level: 002544 has more cash than its total debt.
Reducing Debt: 002544's debt to equity ratio has reduced from 56.6% to 22.4% over the past 5 years.
Debt Coverage: 002544's debt is well covered by operating cash flow (33.3%).
Interest Coverage: 002544's interest payments on its debt are well covered by EBIT (23.1x coverage).