Wutong Holding Group Balance Sheet Health
Financial Health criteria checks 6/6
Wutong Holding Group has a total shareholder equity of CN¥1.4B and total debt of CN¥413.0M, which brings its debt-to-equity ratio to 30.2%. Its total assets and total liabilities are CN¥2.6B and CN¥1.2B respectively. Wutong Holding Group's EBIT is CN¥102.5M making its interest coverage ratio 10.7. It has cash and short-term investments of CN¥421.9M.
Key information
30.2%
Debt to equity ratio
CN¥413.00m
Debt
| Interest coverage ratio | 10.7x |
| Cash | CN¥421.92m |
| Equity | CN¥1.37b |
| Total liabilities | CN¥1.24b |
| Total assets | CN¥2.60b |
Recent financial health updates
We Think Wutong Holding Group (SZSE:300292) Can Stay On Top Of Its Debt
Aug 16
Wutong Holding Group (SZSE:300292) Seems To Use Debt Rather Sparingly
Apr 24Recent updates
There's No Escaping Wutong Holding Group Co., Ltd.'s (SZSE:300292) Muted Revenues Despite A 31% Share Price Rise
Nov 08Some May Be Optimistic About Wutong Holding Group's (SZSE:300292) Earnings
Nov 04Do Wutong Holding Group's (SZSE:300292) Earnings Warrant Your Attention?
Oct 08Wutong Holding Group Co., Ltd.'s (SZSE:300292) Share Price Is Matching Sentiment Around Its Revenues
Sep 16We Think Wutong Holding Group (SZSE:300292) Can Stay On Top Of Its Debt
Aug 16Wutong Holding Group Co., Ltd. (SZSE:300292) Held Back By Insufficient Growth Even After Shares Climb 25%
May 21Wutong Holding Group's (SZSE:300292) Soft Earnings Are Actually Better Than They Appear
Apr 30Wutong Holding Group (SZSE:300292) Seems To Use Debt Rather Sparingly
Apr 24Subdued Growth No Barrier To Wutong Holding Group Co., Ltd. (SZSE:300292) With Shares Advancing 33%
Mar 07Financial Position Analysis
Short Term Liabilities: 300292's short term assets (CN¥2.2B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 300292's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥4.1M).
Debt to Equity History and Analysis
Debt Level: 300292 has more cash than its total debt.
Reducing Debt: 300292's debt to equity ratio has reduced from 42.4% to 30.2% over the past 5 years.
Debt Coverage: 300292's debt is well covered by operating cash flow (20.9%).
Interest Coverage: 300292's interest payments on its debt are well covered by EBIT (10.7x coverage).