Weiye Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Weiye Holdings has a total shareholder equity of CN¥1.7B and total debt of CN¥1.0B, which brings its debt-to-equity ratio to 60.9%. Its total assets and total liabilities are CN¥4.0B and CN¥2.3B respectively.
Key information
60.9%
Debt to equity ratio
CN¥1.01b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥56.00m |
| Equity | CN¥1.66b |
| Total liabilities | CN¥2.32b |
| Total assets | CN¥3.99b |
Recent financial health updates
No updates
Recent updates
More Unpleasant Surprises Could Be In Store For Weiye Holdings Limited's (HKG:1570) Shares After Tumbling 50%
Oct 21
Cautious Investors Not Rewarding Weiye Holdings Limited's (HKG:1570) Performance Completely
Feb 06Potential Upside For Weiye Holdings Limited (HKG:1570) Not Without Risk
Jul 31Investors Shouldn't Be Too Comfortable With Weiye Holdings' (HKG:1570) Robust Earnings
May 12Financial Position Analysis
Short Term Liabilities: 1570's short term assets (CN¥3.1B) exceed its short term liabilities (CN¥1.7B).
Long Term Liabilities: 1570's short term assets (CN¥3.1B) exceed its long term liabilities (CN¥652.7M).
Debt to Equity History and Analysis
Debt Level: 1570's net debt to equity ratio (57.5%) is considered high.
Reducing Debt: 1570's debt to equity ratio has reduced from 129.5% to 60.9% over the past 5 years.
Debt Coverage: 1570's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 1570's interest payments on its debt are well covered by EBIT.