Anhui Landun Photoelectron Balance Sheet Health
Financial Health criteria checks 6/6
Anhui Landun Photoelectron has a total shareholder equity of CN¥2.0B and total debt of CN¥121.6M, which brings its debt-to-equity ratio to 6%. Its total assets and total liabilities are CN¥2.6B and CN¥545.9M respectively. Anhui Landun Photoelectron's EBIT is CN¥13.1M making its interest coverage ratio -0.5. It has cash and short-term investments of CN¥310.9M.
Key information
6.0%
Debt to equity ratio
CN¥121.55m
Debt
| Interest coverage ratio | -0.5x |
| Cash | CN¥310.85m |
| Equity | CN¥2.04b |
| Total liabilities | CN¥545.92m |
| Total assets | CN¥2.59b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300862's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥431.0M).
Long Term Liabilities: 300862's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥114.9M).
Debt to Equity History and Analysis
Debt Level: 300862 has more cash than its total debt.
Reducing Debt: 300862's debt to equity ratio has reduced from 17.7% to 6% over the past 5 years.
Debt Coverage: 300862's debt is well covered by operating cash flow (68.6%).
Interest Coverage: 300862 earns more interest than it pays, so coverage of interest payments is not a concern.