CMGE Technology Group Balance Sheet Health
Financial Health criteria checks 3/6
CMGE Technology Group has a total shareholder equity of CN¥5.7B and total debt of CN¥495.0M, which brings its debt-to-equity ratio to 8.7%. Its total assets and total liabilities are CN¥7.1B and CN¥1.4B respectively. CMGE Technology Group's EBIT is CN¥7.4M making its interest coverage ratio 1. It has cash and short-term investments of CN¥234.4M.
Key information
8.7%
Debt to equity ratio
CN¥495.00m
Debt
| Interest coverage ratio | 1x |
| Cash | CN¥234.41m |
| Equity | CN¥5.69b |
| Total liabilities | CN¥1.39b |
| Total assets | CN¥7.09b |
Recent financial health updates
Is CMGE Technology Group (HKG:302) A Risky Investment?
May 28
Is CMGE Technology Group (HKG:302) A Risky Investment?
Nov 06Is CMGE Technology Group (HKG:302) Using Too Much Debt?
Apr 17Here's Why CMGE Technology Group (HKG:302) Has A Meaningful Debt Burden
Oct 14CMGE Technology Group (HKG:302) Seems To Use Debt Quite Sensibly
May 13Does CMGE Technology Group (HKG:302) Have A Healthy Balance Sheet?
Sep 15Recent updates
Be Wary Of CMGE Technology Group (HKG:302) And Its Returns On Capital
Jun 21Is CMGE Technology Group (HKG:302) A Risky Investment?
May 28What CMGE Technology Group Limited's (HKG:302) 26% Share Price Gain Is Not Telling You
May 06CMGE Technology Group (HKG:302) Will Want To Turn Around Its Return Trends
Feb 16Sentiment Still Eluding CMGE Technology Group Limited (HKG:302)
Jan 18Is CMGE Technology Group (HKG:302) A Risky Investment?
Nov 06Time To Worry? Analysts Just Downgraded Their CMGE Technology Group Limited (HKG:302) Outlook
Aug 30Here's What's Concerning About CMGE Technology Group's (HKG:302) Returns On Capital
May 12Is CMGE Technology Group (HKG:302) Using Too Much Debt?
Apr 17Here's Why CMGE Technology Group (HKG:302) Has A Meaningful Debt Burden
Oct 14CMGE Technology Group (HKG:302) Could Be Struggling To Allocate Capital
Sep 16Returns On Capital At CMGE Technology Group (HKG:302) Have Hit The Brakes
Jun 09CMGE Technology Group (HKG:302) Seems To Use Debt Quite Sensibly
May 13Some CMGE Technology Group Limited (HKG:302) Analysts Just Made A Major Cut To Next Year's Estimates
Apr 10CMGE Technology Group (HKG:302) Has Some Way To Go To Become A Multi-Bagger
Feb 22Investors Met With Slowing Returns on Capital At CMGE Technology Group (HKG:302)
Nov 15Does CMGE Technology Group (HKG:302) Have A Healthy Balance Sheet?
Sep 15With EPS Growth And More, CMGE Technology Group (HKG:302) Is Interesting
Jul 28Returns On Capital At CMGE Technology Group (HKG:302) Have Stalled
Jul 13These 4 Measures Indicate That CMGE Technology Group (HKG:302) Is Using Debt Safely
May 01Here's Why I Think CMGE Technology Group (HKG:302) Is An Interesting Stock
Apr 07Here's How We Evaluate CMGE Technology Group Limited's (HKG:302) Dividend
Mar 22Is CMGE Technology Group (HKG:302) Likely To Turn Things Around?
Mar 03CMGE Technology Group Limited's (HKG:302) Stock Is Going Strong: Have Financials A Role To Play?
Feb 16
The CMGE Technology Group (HKG:302) Share Price Has Gained 31% And Shareholders Are Hoping For More
Feb 03An Intrinsic Calculation For CMGE Technology Group Limited (HKG:302) Suggests It's 37% Undervalued
Jan 21Trade Alert: The Vice Chairman of Board Of CMGE Technology Group Limited (HKG:302), Hendrick Sin, Has Just Spent CN¥2.6m Buying A Few More Shares
Jan 06Do Insiders Own Lots Of Shares In CMGE Technology Group Limited (HKG:302)?
Dec 23Is CMGE Technology Group Limited (HKG:302) A Good Fit For Your Dividend Portfolio?
Dec 08Should You Be Impressed By CMGE Technology Group's (HKG:302) Returns on Capital?
Nov 20Financial Position Analysis
Short Term Liabilities: 302's short term assets (CN¥2.2B) exceed its short term liabilities (CN¥1.3B).
Long Term Liabilities: 302's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥99.0M).
Debt to Equity History and Analysis
Debt Level: 302's net debt to equity ratio (4.6%) is considered satisfactory.
Reducing Debt: 302's debt to equity ratio has increased from 2.8% to 8.7% over the past 5 years.
Debt Coverage: 302's debt is not well covered by operating cash flow (9.4%).
Interest Coverage: 302's interest payments on its debt are not well covered by EBIT (1x coverage).