Victory Giant Technology (HuiZhou)Co.Ltd Balance Sheet Health
Financial Health criteria checks 5/6
Victory Giant Technology (HuiZhou)Co.Ltd has a total shareholder equity of CN¥7.9B and total debt of CN¥4.3B, which brings its debt-to-equity ratio to 53.5%. Its total assets and total liabilities are CN¥17.2B and CN¥9.2B respectively. Victory Giant Technology (HuiZhou)Co.Ltd's EBIT is CN¥997.1M making its interest coverage ratio 18.3. It has cash and short-term investments of CN¥1.8B.
Key information
53.5%
Debt to equity ratio
CN¥4.25b
Debt
| Interest coverage ratio | 18.3x |
| Cash | CN¥1.84b |
| Equity | CN¥7.95b |
| Total liabilities | CN¥9.21b |
| Total assets | CN¥17.15b |
Recent financial health updates
Here's Why Victory Giant Technology (HuiZhou)Co.Ltd (SZSE:300476) Can Manage Its Debt Responsibly
Sep 08
Is Victory Giant Technology (HuiZhou)Co.Ltd (SZSE:300476) Using Too Much Debt?
Apr 21Recent updates
Here's Why Victory Giant Technology (HuiZhou)Co.Ltd (SZSE:300476) Can Manage Its Debt Responsibly
Sep 08Victory Giant Technology (HuiZhou)Co.,Ltd. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Aug 20Victory Giant Technology (HuiZhou)Co.,Ltd. (SZSE:300476) Shares Could Be 32% Above Their Intrinsic Value Estimate
Aug 03Investors Appear Satisfied With Victory Giant Technology (HuiZhou)Co.,Ltd.'s (SZSE:300476) Prospects As Shares Rocket 26%
Jul 17Is Now The Time To Put Victory Giant Technology (HuiZhou)Co.Ltd (SZSE:300476) On Your Watchlist?
May 27Market Participants Recognise Victory Giant Technology (HuiZhou)Co.,Ltd.'s (SZSE:300476) Earnings Pushing Shares 29% Higher
Apr 26Is Victory Giant Technology (HuiZhou)Co.Ltd (SZSE:300476) Using Too Much Debt?
Apr 21Estimating The Fair Value Of Victory Giant Technology (HuiZhou)Co.,Ltd. (SZSE:300476)
Mar 15Financial Position Analysis
Short Term Liabilities: 300476's short term assets (CN¥7.0B) exceed its short term liabilities (CN¥7.0B).
Long Term Liabilities: 300476's short term assets (CN¥7.0B) exceed its long term liabilities (CN¥2.3B).
Debt to Equity History and Analysis
Debt Level: 300476's net debt to equity ratio (30.4%) is considered satisfactory.
Reducing Debt: 300476's debt to equity ratio has increased from 21.1% to 53.5% over the past 5 years.
Debt Coverage: 300476's debt is well covered by operating cash flow (34.5%).
Interest Coverage: 300476's interest payments on its debt are well covered by EBIT (18.3x coverage).