Wutong Holding Group Balance Sheet Health
Financial Health criteria checks 5/6
Wutong Holding Group has a total shareholder equity of CN¥1.3B and total debt of CN¥441.4M, which brings its debt-to-equity ratio to 33.2%. Its total assets and total liabilities are CN¥2.4B and CN¥1.1B respectively. Wutong Holding Group's EBIT is CN¥85.5M making its interest coverage ratio 8.6. It has cash and short-term investments of CN¥347.0M.
Key information
33.2%
Debt to equity ratio
CN¥441.36m
Debt
| Interest coverage ratio | 8.6x |
| Cash | CN¥347.03m |
| Equity | CN¥1.33b |
| Total liabilities | CN¥1.07b |
| Total assets | CN¥2.40b |
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
Wutong 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¥2.0B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 300292's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥7.8M).
Debt to Equity History and Analysis
Debt Level: 300292's net debt to equity ratio (7.1%) is considered satisfactory.
Reducing Debt: 300292's debt to equity ratio has reduced from 45.5% to 33.2% over the past 5 years.
Debt Coverage: 300292's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 300292's interest payments on its debt are well covered by EBIT (8.6x coverage).