Hangzhou CNCR-ITLtd Balance Sheet Health
Financial Health criteria checks 5/6
Hangzhou CNCR-ITLtd has a total shareholder equity of CN¥608.9M and total debt of CN¥25.4M, which brings its debt-to-equity ratio to 4.2%. Its total assets and total liabilities are CN¥788.1M and CN¥179.2M respectively. Hangzhou CNCR-ITLtd's EBIT is CN¥10.6M making its interest coverage ratio -2. It has cash and short-term investments of CN¥280.2M.
Key information
4.2%
Debt to equity ratio
CN¥25.39m
Debt
Interest coverage ratio | -2x |
Cash | CN¥280.19m |
Equity | CN¥608.89m |
Total liabilities | CN¥179.20m |
Total assets | CN¥788.09m |
Recent financial health updates
No updates
Recent updates
Hangzhou CNCR-IT Co.,Ltd (SZSE:300250) Shares May Have Slumped 28% But Getting In Cheap Is Still Unlikely
Jun 06Statutory Profit Doesn't Reflect How Good Hangzhou CNCR-ITLtd's (SZSE:300250) Earnings Are
May 03Some Confidence Is Lacking In Hangzhou CNCR-IT Co.,Ltd (SZSE:300250) As Shares Slide 25%
Apr 22Revenues Not Telling The Story For Hangzhou CNCR-IT Co.,Ltd (SZSE:300250) After Shares Rise 38%
Mar 07Financial Position Analysis
Short Term Liabilities: 300250's short term assets (CN¥500.9M) exceed its short term liabilities (CN¥171.5M).
Long Term Liabilities: 300250's short term assets (CN¥500.9M) exceed its long term liabilities (CN¥7.7M).
Debt to Equity History and Analysis
Debt Level: 300250 has more cash than its total debt.
Reducing Debt: 300250's debt to equity ratio has increased from 1.9% to 4.2% over the past 5 years.
Debt Coverage: 300250's debt is well covered by operating cash flow (168.1%).
Interest Coverage: 300250 earns more interest than it pays, so coverage of interest payments is not a concern.