Maxvision Technology Corp.

SZSE:002990 Stock Report

Market Cap: CN¥5.2b

Maxvision Technology Balance Sheet Health

Financial Health criteria checks 6/6

Maxvision Technology has a total shareholder equity of CN¥2.4B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥3.5B and CN¥1.2B respectively. Maxvision Technology's EBIT is CN¥162.4M making its interest coverage ratio -6.8. It has cash and short-term investments of CN¥1.2B.

Key information

0%

Debt to equity ratio

CN¥0

Debt

Interest coverage ratio-6.8x
CashCN¥1.17b
EquityCN¥2.36b
Total liabilitiesCN¥1.18b
Total assetsCN¥3.54b

Recent financial health updates

Recent updates

Investors Continue Waiting On Sidelines For Maxvision Technology Corp. (SZSE:002990)

Jun 07
Investors Continue Waiting On Sidelines For Maxvision Technology Corp. (SZSE:002990)

Maxvision Technology (SZSE:002990) Will Pay A Larger Dividend Than Last Year At CN¥0.40

May 12
Maxvision Technology (SZSE:002990) Will Pay A Larger Dividend Than Last Year At CN¥0.40

Maxvision Technology's (SZSE:002990) Earnings Are Of Questionable Quality

Apr 26
Maxvision Technology's (SZSE:002990) Earnings Are Of Questionable Quality

Should You Investigate Maxvision Technology Corp. (SZSE:002990) At CN¥21.93?

Apr 16
Should You Investigate Maxvision Technology Corp. (SZSE:002990) At CN¥21.93?

Some Investors May Be Worried About Maxvision Technology's (SZSE:002990) Returns On Capital

Mar 21
Some Investors May Be Worried About Maxvision Technology's (SZSE:002990) Returns On Capital

Maxvision Technology Corp.'s (SZSE:002990) 29% Jump Shows Its Popularity With Investors

Mar 04
Maxvision Technology Corp.'s (SZSE:002990) 29% Jump Shows Its Popularity With Investors

Maxvision Technology (SZSE:002990) Has A Rock Solid Balance Sheet

Feb 27
Maxvision Technology (SZSE:002990) Has A Rock Solid Balance Sheet

Financial Position Analysis

Short Term Liabilities: 002990's short term assets (CN¥2.9B) exceed its short term liabilities (CN¥1.1B).

Long Term Liabilities: 002990's short term assets (CN¥2.9B) exceed its long term liabilities (CN¥72.3M).


Debt to Equity History and Analysis

Debt Level: 002990 is debt free.

Reducing Debt: 002990 has no debt compared to 5 years ago when its debt to equity ratio was 3%.

Debt Coverage: 002990 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 002990 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Discover healthy companies

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.