Nanjing Xinlian Electronics Co., Ltd

SZSE:002546 Stock Report

Market Cap: CN¥3.5b

Nanjing Xinlian Electronics Balance Sheet Health

Financial Health criteria checks 5/6

Nanjing Xinlian Electronics has a total shareholder equity of CN¥3.2B and total debt of CN¥24.0M, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are CN¥3.6B and CN¥379.3M respectively. Nanjing Xinlian Electronics's EBIT is CN¥129.0M making its interest coverage ratio 4.2. It has cash and short-term investments of CN¥2.6B.

Key information

0.8%

Debt to equity ratio

CN¥24.02m

Debt

Interest coverage ratio4.2x
CashCN¥2.57b
EquityCN¥3.19b
Total liabilitiesCN¥379.29m
Total assetsCN¥3.57b

Recent financial health updates

No updates

Recent updates

Nanjing Xinlian Electronics' (SZSE:002546) Conservative Accounting Might Explain Soft Earnings

Nov 05
Nanjing Xinlian Electronics' (SZSE:002546) Conservative Accounting Might Explain Soft Earnings

Nanjing Xinlian Electronics (SZSE:002546) Might Have The Makings Of A Multi-Bagger

Jun 06
Nanjing Xinlian Electronics (SZSE:002546) Might Have The Makings Of A Multi-Bagger

Nanjing Xinlian Electronics (SZSE:002546) Is Posting Promising Earnings But The Good News Doesn’t Stop There

Apr 22
Nanjing Xinlian Electronics (SZSE:002546) Is Posting Promising Earnings But The Good News Doesn’t Stop There

Nanjing Xinlian Electronics Co., Ltd's (SZSE:002546) 28% Share Price Surge Not Quite Adding Up

Mar 06
Nanjing Xinlian Electronics Co., Ltd's (SZSE:002546) 28% Share Price Surge Not Quite Adding Up

Financial Position Analysis

Short Term Liabilities: 002546's short term assets (CN¥3.2B) exceed its short term liabilities (CN¥364.1M).

Long Term Liabilities: 002546's short term assets (CN¥3.2B) exceed its long term liabilities (CN¥15.2M).


Debt to Equity History and Analysis

Debt Level: 002546 has more cash than its total debt.

Reducing Debt: 002546's debt to equity ratio has increased from 0.5% to 0.8% over the past 5 years.

Debt Coverage: 002546's debt is well covered by operating cash flow (1190%).

Interest Coverage: 002546's interest payments on its debt are well covered by EBIT (4.2x coverage).


Balance Sheet


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