Zhuhai Bojay ElectronicsLtd Balance Sheet Health
Financial Health criteria checks 4/6
Zhuhai Bojay ElectronicsLtd has a total shareholder equity of CN¥1.7B and total debt of CN¥746.5M, which brings its debt-to-equity ratio to 43.6%. Its total assets and total liabilities are CN¥2.8B and CN¥1.1B respectively. Zhuhai Bojay ElectronicsLtd's EBIT is CN¥8.4M making its interest coverage ratio 6.4. It has cash and short-term investments of CN¥1.1B.
Key information
43.6%
Debt to equity ratio
CN¥746.54m
Debt
Interest coverage ratio | 6.4x |
Cash | CN¥1.13b |
Equity | CN¥1.71b |
Total liabilities | CN¥1.12b |
Total assets | CN¥2.83b |
Recent financial health updates
No updates
Recent updates
Capital Allocation Trends At Zhuhai Bojay ElectronicsLtd (SZSE:002975) Aren't Ideal
Apr 18Revenues Not Telling The Story For Zhuhai Bojay Electronics Co.,Ltd. (SZSE:002975) After Shares Rise 28%
Feb 28Zhuhai Bojay Electronics Co.,Ltd.'s (SZSE:002975) Shares Climb 28% But Its Business Is Yet to Catch Up
Feb 28Financial Position Analysis
Short Term Liabilities: 002975's short term assets (CN¥2.0B) exceed its short term liabilities (CN¥600.4M).
Long Term Liabilities: 002975's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥516.5M).
Debt to Equity History and Analysis
Debt Level: 002975 has more cash than its total debt.
Reducing Debt: 002975's debt to equity ratio has increased from 11.5% to 43.6% over the past 5 years.
Debt Coverage: 002975's debt is not well covered by operating cash flow (0.3%).
Interest Coverage: 002975's interest payments on its debt are well covered by EBIT (6.4x coverage).