Zhuhai Raysharp Technology Co.,Ltd.

SZSE:301042 Stock Report

Market Cap: CN¥2.4b

Zhuhai Raysharp TechnologyLtd Balance Sheet Health

Financial Health criteria checks 6/6

Zhuhai Raysharp TechnologyLtd has a total shareholder equity of CN¥1.2B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.3B and CN¥111.7M respectively. Zhuhai Raysharp TechnologyLtd's EBIT is CN¥66.3M making its interest coverage ratio -3.4. It has cash and short-term investments of CN¥751.9M.

Key information

0%

Debt to equity ratio

CN¥0

Debt

Interest coverage ratio-3.4x
CashCN¥751.86m
EquityCN¥1.16b
Total liabilitiesCN¥111.69m
Total assetsCN¥1.27b

Recent financial health updates

No updates

Recent updates

Zhuhai Raysharp TechnologyLtd (SZSE:301042) Strong Profits May Be Masking Some Underlying Issues

Apr 25
Zhuhai Raysharp TechnologyLtd (SZSE:301042) Strong Profits May Be Masking Some Underlying Issues

There's Reason For Concern Over Zhuhai Raysharp Technology Co.,Ltd.'s (SZSE:301042) Massive 28% Price Jump

Mar 04
There's Reason For Concern Over Zhuhai Raysharp Technology Co.,Ltd.'s (SZSE:301042) Massive 28% Price Jump

Financial Position Analysis

Short Term Liabilities: 301042's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥107.4M).

Long Term Liabilities: 301042's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥4.3M).


Debt to Equity History and Analysis

Debt Level: 301042 is debt free.

Reducing Debt: 301042 has no debt compared to 5 years ago when its debt to equity ratio was 21%.

Debt Coverage: 301042 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 301042 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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