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¥8.4M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are CN¥2.3B and CN¥86.8M respectively. Long Young Electronic (Kunshan)'s EBIT is CN¥49.2M making its interest coverage ratio -1.4. It has cash and short-term investments of CN¥1.9B.
Key information
0.4%
Debt to equity ratio
CN¥8.44m
Debt
| Interest coverage ratio | -1.4x |
| Cash | CN¥1.89b |
| Equity | CN¥2.19b |
| Total liabilities | CN¥86.84m |
| Total assets | CN¥2.27b |
Recent financial health updates
No updates
Recent updates
Long Young Electronic (Kunshan)'s (SZSE:301389) Dividend Will Be Reduced To CN¥0.30
May 27
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¥2.0B) exceed its short term liabilities (CN¥80.2M).
Long Term Liabilities: 301389's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥6.6M).
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 0.3% to 0.4% over the past 5 years.
Debt Coverage: 301389's debt is well covered by operating cash flow (834%).
Interest Coverage: 301389 earns more interest than it pays, so coverage of interest payments is not a concern.