Shenzhen Laibao Hi-Tech Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen Laibao Hi-Tech has a total shareholder equity of CN¥5.9B and total debt of CN¥11.1M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are CN¥9.3B and CN¥3.5B respectively. Shenzhen Laibao Hi-Tech's EBIT is CN¥359.3M making its interest coverage ratio -26.8. It has cash and short-term investments of CN¥5.8B.
Key information
0.2%
Debt to equity ratio
CN¥11.13m
Debt
| Interest coverage ratio | -26.8x |
| Cash | CN¥5.77b |
| Equity | CN¥5.85b |
| Total liabilities | CN¥3.49b |
| Total assets | CN¥9.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002106's short term assets (CN¥7.8B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 002106's short term assets (CN¥7.8B) exceed its long term liabilities (CN¥2.3B).
Debt to Equity History and Analysis
Debt Level: 002106 has more cash than its total debt.
Reducing Debt: 002106's debt to equity ratio has increased from 0% to 0.2% over the past 5 years.
Debt Coverage: 002106's debt is well covered by operating cash flow (4517%).
Interest Coverage: 002106 earns more interest than it pays, so coverage of interest payments is not a concern.