Wuhan Ligong Guangke Balance Sheet Health
Financial Health criteria checks 6/6
Wuhan Ligong Guangke has a total shareholder equity of CN¥1.0B and total debt of CN¥10.0M, which brings its debt-to-equity ratio to 1%. Its total assets and total liabilities are CN¥1.6B and CN¥575.4M respectively. Wuhan Ligong Guangke's EBIT is CN¥25.6M making its interest coverage ratio -2. It has cash and short-term investments of CN¥591.9M.
Key information
1.0%
Debt to equity ratio
CN¥10.00m
Debt
| Interest coverage ratio | -2x |
| Cash | CN¥591.91m |
| Equity | CN¥1.04b |
| Total liabilities | CN¥575.40m |
| Total assets | CN¥1.62b |
Recent financial health updates
No updates
Recent updates
Wuhan Ligong Guangke Co., Ltd.'s (SZSE:300557) Popularity With Investors Is Under Threat From Overpricing
Oct 01
Wuhan Ligong Guangke (SZSE:300557) Is Looking To Continue Growing Its Returns On Capital
Aug 01Wuhan Ligong Guangke Co., Ltd.'s (SZSE:300557) Popularity With Investors Is Under Threat From Overpricing
Jun 09We Think Wuhan Ligong Guangke's (SZSE:300557) Robust Earnings Are Conservative
Apr 05Wuhan Ligong Guangke Co., Ltd. (SZSE:300557) Stock Rockets 28% As Investors Are Less Pessimistic Than Expected
Mar 07Financial Position Analysis
Short Term Liabilities: 300557's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥565.7M).
Long Term Liabilities: 300557's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥9.7M).
Debt to Equity History and Analysis
Debt Level: 300557 has more cash than its total debt.
Reducing Debt: 300557's debt to equity ratio has reduced from 10.3% to 1% over the past 5 years.
Debt Coverage: 300557's debt is well covered by operating cash flow (410.6%).
Interest Coverage: 300557 earns more interest than it pays, so coverage of interest payments is not a concern.