Long Young Electronic (Kunshan) Balance Sheet Health
Financial Health criteria checks 5/6
Long Young Electronic (Kunshan) has a total shareholder equity of CN¥2.2B and total debt of CN¥7.6M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are CN¥2.3B and CN¥163.2M respectively. Long Young Electronic (Kunshan)'s EBIT is CN¥50.2M making its interest coverage ratio -0.9. It has cash and short-term investments of CN¥2.0B.
Key information
0.4%
Debt to equity ratio
CN¥7.63m
Debt
Interest coverage ratio | -0.9x |
Cash | CN¥1.96b |
Equity | CN¥2.16b |
Total liabilities | CN¥163.24m |
Total assets | CN¥2.32b |
Recent financial health updates
No updates
Recent updates
Long Young Electronic (Kunshan)'s (SZSE:301389) Problems Go Beyond Poor Profit
Mar 21Need To Know: This Analyst Just Made A Substantial Cut To Their Long Young Electronic (Kunshan) Co., Ltd. (SZSE:301389) Estimates
Mar 20After Leaping 28% Long Young Electronic (Kunshan) Co., Ltd. (SZSE:301389) Shares Are Not Flying Under The Radar
Mar 17Financial Position Analysis
Short Term Liabilities: 301389's short term assets (CN¥2.1B) exceed its short term liabilities (CN¥154.5M).
Long Term Liabilities: 301389's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥8.7M).
Debt to Equity History and Analysis
Debt Level: 301389 has more cash than its total debt.
Reducing Debt: 301389's debt to equity ratio has increased from 0.1% to 0.4% over the past 5 years.
Debt Coverage: 301389's debt is well covered by operating cash flow (873.1%).
Interest Coverage: 301389 earns more interest than it pays, so coverage of interest payments is not a concern.