Anker Innovations Limited

SZSE:300866 Stock Report

Market Cap: CN¥29.5b

Anker Innovations Balance Sheet Health

Financial Health criteria checks 5/6

Anker Innovations has a total shareholder equity of CN¥8.5B and total debt of CN¥1.2B, which brings its debt-to-equity ratio to 13.9%. Its total assets and total liabilities are CN¥13.3B and CN¥4.8B respectively. Anker Innovations's EBIT is CN¥1.7B making its interest coverage ratio -20.8. It has cash and short-term investments of CN¥4.0B.

Key information

13.9%

Debt to equity ratio

CN¥1.19b

Debt

Interest coverage ratio-20.8x
CashCN¥3.98b
EquityCN¥8.54b
Total liabilitiesCN¥4.79b
Total assetsCN¥13.33b

Recent financial health updates

No updates

Recent updates

Here's What's Concerning About Anker Innovations' (SZSE:300866) Returns On Capital

Jun 27
Here's What's Concerning About Anker Innovations' (SZSE:300866) Returns On Capital

The Market Doesn't Like What It Sees From Anker Innovations Limited's (SZSE:300866) Earnings Yet

Jun 10
The Market Doesn't Like What It Sees From Anker Innovations Limited's (SZSE:300866) Earnings Yet

Anker Innovations (SZSE:300866) Has Announced That It Will Be Increasing Its Dividend To CN¥2.00

May 22
Anker Innovations (SZSE:300866) Has Announced That It Will Be Increasing Its Dividend To CN¥2.00

Impressive Earnings May Not Tell The Whole Story For Anker Innovations (SZSE:300866)

May 03
Impressive Earnings May Not Tell The Whole Story For Anker Innovations (SZSE:300866)

Anker Innovations Limited Just Missed EPS By 8.8%: Here's What Analysts Think Will Happen Next

Apr 28
Anker Innovations Limited Just Missed EPS By 8.8%: Here's What Analysts Think Will Happen Next

Is Anker Innovations Limited (SZSE:300866) Expensive For A Reason? A Look At Its Intrinsic Value

Apr 22
Is Anker Innovations Limited (SZSE:300866) Expensive For A Reason? A Look At Its Intrinsic Value

Should You Think About Buying Anker Innovations Limited (SZSE:300866) Now?

Mar 19
Should You Think About Buying Anker Innovations Limited (SZSE:300866) Now?

There's No Escaping Anker Innovations Limited's (SZSE:300866) Muted Earnings Despite A 26% Share Price Rise

Mar 04
There's No Escaping Anker Innovations Limited's (SZSE:300866) Muted Earnings Despite A 26% Share Price Rise

With EPS Growth And More, Anker Innovations (SZSE:300866) Makes An Interesting Case

Mar 02
With EPS Growth And More, Anker Innovations (SZSE:300866) Makes An Interesting Case

Financial Position Analysis

Short Term Liabilities: 300866's short term assets (CN¥9.7B) exceed its short term liabilities (CN¥3.4B).

Long Term Liabilities: 300866's short term assets (CN¥9.7B) exceed its long term liabilities (CN¥1.4B).


Debt to Equity History and Analysis

Debt Level: 300866 has more cash than its total debt.

Reducing Debt: 300866's debt to equity ratio has increased from 0.1% to 13.9% over the past 5 years.

Debt Coverage: 300866's debt is well covered by operating cash flow (95.9%).

Interest Coverage: 300866 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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