WCON Electronics (Guangdong) Balance Sheet Health
Financial Health criteria checks 6/6
WCON Electronics (Guangdong) has a total shareholder equity of CN¥1.9B and total debt of CN¥1.3M, which brings its debt-to-equity ratio to 0.07%. Its total assets and total liabilities are CN¥2.0B and CN¥85.6M respectively. WCON Electronics (Guangdong)'s EBIT is CN¥77.5M making its interest coverage ratio -3.8. It has cash and short-term investments of CN¥1.1B.
Key information
0.07%
Debt to equity ratio
CN¥1.25m
Debt
| Interest coverage ratio | -3.8x |
| Cash | CN¥1.06b |
| Equity | CN¥1.91b |
| Total liabilities | CN¥85.60m |
| Total assets | CN¥1.99b |
Recent financial health updates
Recent updates
Weak Statutory Earnings May Not Tell The Whole Story For WCON Electronics (Guangdong) (SZSE:301328)
Nov 02
WCON Electronics (Guangdong)'s (SZSE:301328) Returns On Capital Not Reflecting Well On The Business
Jun 21WCON Electronics (Guangdong) (SZSE:301328) Is Reducing Its Dividend To CN¥0.30
May 24WCON Electronics (Guangdong)'s (SZSE:301328) Shareholders Have More To Worry About Than Only Soft Earnings
May 01Is WCON Electronics (Guangdong) (SZSE:301328) A Risky Investment?
Mar 04Financial Position Analysis
Short Term Liabilities: 301328's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥80.6M).
Long Term Liabilities: 301328's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥5.0M).
Debt to Equity History and Analysis
Debt Level: 301328 has more cash than its total debt.
Reducing Debt: 301328's debt to equity ratio has reduced from 12.5% to 0.07% over the past 5 years.
Debt Coverage: 301328's debt is well covered by operating cash flow (9512.6%).
Interest Coverage: 301328 earns more interest than it pays, so coverage of interest payments is not a concern.