Shandong New Beiyang Information Technology Co., Ltd.

XSEC:002376 Stock Report

Market Cap: CN¥4.2b

Shandong New Beiyang Information Technology Balance Sheet Health

Financial Health criteria checks 4/6

Shandong New Beiyang Information Technology has a total shareholder equity of CN¥3.3B and total debt of CN¥1.4B, which brings its debt-to-equity ratio to 42.6%. Its total assets and total liabilities are CN¥5.4B and CN¥2.2B respectively.

Key information

42.6%

Debt to equity ratio

CN¥1.39b

Debt

Interest coverage ration/a
CashCN¥644.90m
EquityCN¥3.26b
Total liabilitiesCN¥2.19b
Total assetsCN¥5.44b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 002376's short term assets (CN¥2.3B) exceed its short term liabilities (CN¥1.3B).

Long Term Liabilities: 002376's short term assets (CN¥2.3B) exceed its long term liabilities (CN¥913.9M).


Debt to Equity History and Analysis

Debt Level: 002376's net debt to equity ratio (22.7%) is considered satisfactory.

Reducing Debt: 002376's debt to equity ratio has increased from 14.9% to 42.6% over the past 5 years.

Debt Coverage: 002376's debt is well covered by operating cash flow (28.2%).

Interest Coverage: Insufficient data to determine if 002376's interest payments on its debt are well covered by EBIT.


Balance Sheet


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