Meitu Balance Sheet Health
Financial Health criteria checks 5/6
Meitu has a total shareholder equity of CN¥4.5B and total debt of CN¥229.2M, which brings its debt-to-equity ratio to 5.1%. Its total assets and total liabilities are CN¥6.4B and CN¥1.9B respectively. Meitu's EBIT is CN¥442.0M making its interest coverage ratio -10.5. It has cash and short-term investments of CN¥1.3B.
Key information
5.1%
Debt to equity ratio
CN¥229.21m
Debt
| Interest coverage ratio | -10.5x |
| Cash | CN¥1.26b |
| Equity | CN¥4.46b |
| Total liabilities | CN¥1.94b |
| Total assets | CN¥6.40b |
Recent financial health updates
We Think Meitu (HKG:1357) Can Manage Its Debt With Ease
Apr 26
These 4 Measures Indicate That Meitu (HKG:1357) Is Using Debt Safely
Dec 05Is Meitu (HKG:1357) Using Too Much Debt?
Aug 29Is Meitu (HKG:1357) Weighed On By Its Debt Load?
Mar 31Is Meitu (HKG:1357) Weighed On By Its Debt Load?
Oct 06We Think Meitu (HKG:1357) Can Afford To Drive Business Growth
May 13Recent updates
Meitu, Inc.'s (HKG:1357) P/E Is Still On The Mark Following 30% Share Price Bounce
Sep 30Meitu (HKG:1357) Shareholders Will Want The ROCE Trajectory To Continue
Aug 14Do Meitu's (HKG:1357) Earnings Warrant Your Attention?
Jun 10It Looks Like Shareholders Would Probably Approve Meitu, Inc.'s (HKG:1357) CEO Compensation Package
May 29Is Meitu, Inc. (HKG:1357) Potentially Undervalued?
May 13We Think Meitu (HKG:1357) Can Manage Its Debt With Ease
Apr 26Meitu's (HKG:1357) Strong Earnings Are Of Good Quality
Mar 22Why Investors Shouldn't Be Surprised By Meitu, Inc.'s (HKG:1357) 26% Share Price Surge
Mar 08Meitu (HKG:1357) Is Looking To Continue Growing Its Returns On Capital
Feb 26Is Now The Time To Look At Buying Meitu, Inc. (HKG:1357)?
Feb 07Meitu, Inc.'s (HKG:1357) Intrinsic Value Is Potentially 45% Above Its Share Price
Jan 05Meitu, Inc. (HKG:1357) Not Flying Under The Radar
Dec 20These 4 Measures Indicate That Meitu (HKG:1357) Is Using Debt Safely
Dec 05Meitu (HKG:1357) Shareholders Will Want The ROCE Trajectory To Continue
Nov 05Is Meitu, Inc. (HKG:1357) Potentially Undervalued?
Oct 20Is Meitu (HKG:1357) Using Too Much Debt?
Aug 29Investors Shouldn't Be Too Comfortable With Meitu's (HKG:1357) Robust Earnings
May 03Is Meitu (HKG:1357) Weighed On By Its Debt Load?
Mar 31Is Meitu (HKG:1357) Weighed On By Its Debt Load?
Oct 06We Think Meitu (HKG:1357) Can Afford To Drive Business Growth
May 13We Might See A Profit From Meitu, Inc. (HKG:1357) Soon
Mar 11Meitu (HKG:1357) Shareholders Booked A 82% Gain In The Last Year
Feb 18
We're Interested To See How Meitu (HKG:1357) Uses Its Cash Hoard To Grow
Jan 28What Kind Of Shareholders Hold The Majority In Meitu, Inc.'s (HKG:1357) Shares?
Jan 07Read This Before Buying Meitu, Inc. (HKG:1357) Shares
Dec 18Meitu, Inc. (HKG:1357): Is Breakeven Near?
Nov 30Financial Position Analysis
Short Term Liabilities: 1357's short term assets (CN¥2.8B) exceed its short term liabilities (CN¥1.7B).
Long Term Liabilities: 1357's short term assets (CN¥2.8B) exceed its long term liabilities (CN¥248.3M).
Debt to Equity History and Analysis
Debt Level: 1357 has more cash than its total debt.
Reducing Debt: 1357's debt to equity ratio has increased from 0.3% to 5.1% over the past 5 years.
Debt Coverage: 1357's debt is well covered by operating cash flow (233.2%).
Interest Coverage: 1357 earns more interest than it pays, so coverage of interest payments is not a concern.