Putian Communication Group Balance Sheet Health
Financial Health criteria checks 3/6
Putian Communication Group has a total shareholder equity of CN¥577.0M and total debt of CN¥341.2M, which brings its debt-to-equity ratio to 59.1%. Its total assets and total liabilities are CN¥1.2B and CN¥588.2M respectively. Putian Communication Group's EBIT is CN¥23.3M making its interest coverage ratio 1.2. It has cash and short-term investments of CN¥181.0M.
Key information
59.1%
Debt to equity ratio
CN¥341.20m
Debt
| Interest coverage ratio | 1.2x |
| Cash | CN¥181.03m |
| Equity | CN¥577.00m |
| Total liabilities | CN¥588.24m |
| Total assets | CN¥1.17b |
Recent financial health updates
Putian Communication Group (HKG:1720) Takes On Some Risk With Its Use Of Debt
Oct 27
Putian Communication Group (HKG:1720) Has A Somewhat Strained Balance Sheet
Apr 14Here's Why Putian Communication Group (HKG:1720) Has A Meaningful Debt Burden
Sep 02Does Putian Communication Group (HKG:1720) Have A Healthy Balance Sheet?
Apr 10Is Putian Communication Group (HKG:1720) A Risky Investment?
Jun 02Recent updates
Earnings Not Telling The Story For Putian Communication Group Limited (HKG:1720) After Shares Rise 27%
Apr 03Putian Communication Group (HKG:1720) Is Reinvesting At Lower Rates Of Return
Mar 26Putian Communication Group (HKG:1720) Might Be Having Difficulty Using Its Capital Effectively
Dec 05Putian Communication Group (HKG:1720) Takes On Some Risk With Its Use Of Debt
Oct 27Investors Could Be Concerned With Putian Communication Group's (HKG:1720) Returns On Capital
Jun 05Putian Communication Group (HKG:1720) Has A Somewhat Strained Balance Sheet
Apr 14Putian Communication Group (HKG:1720) Is Reinvesting At Lower Rates Of Return
Mar 07Putian Communication Group (HKG:1720) Could Be Struggling To Allocate Capital
Dec 06Here's Why Putian Communication Group (HKG:1720) Has A Meaningful Debt Burden
Sep 02Some Investors May Be Worried About Putian Communication Group's (HKG:1720) Returns On Capital
Jun 08Does Putian Communication Group (HKG:1720) Have A Healthy Balance Sheet?
Apr 10Putian Communication Group (HKG:1720) Will Be Hoping To Turn Its Returns On Capital Around
Mar 05Putian Communication Group (HKG:1720) Will Want To Turn Around Its Return Trends
Oct 05Is Putian Communication Group (HKG:1720) A Risky Investment?
Jun 02Here's What's Concerning About Putian Communication Group's (HKG:1720) Returns On Capital
Mar 22Calculating The Intrinsic Value Of Putian Communication Group Limited (HKG:1720)
Feb 18Are Putian Communication Group's (HKG:1720) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Jan 28Putian Communication Group Limited (HKG:1720) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?
Jan 08Would Shareholders Who Purchased Putian Communication Group's (HKG:1720) Stock Year Be Happy With The Share price Today?
Dec 21
Should We Be Excited About The Trends Of Returns At Putian Communication Group (HKG:1720)?
Dec 04Financial Position Analysis
Short Term Liabilities: 1720's short term assets (CN¥714.3M) exceed its short term liabilities (CN¥469.0M).
Long Term Liabilities: 1720's short term assets (CN¥714.3M) exceed its long term liabilities (CN¥119.2M).
Debt to Equity History and Analysis
Debt Level: 1720's net debt to equity ratio (27.8%) is considered satisfactory.
Reducing Debt: 1720's debt to equity ratio has increased from 31.1% to 59.1% over the past 5 years.
Debt Coverage: 1720's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 1720's interest payments on its debt are not well covered by EBIT (1.2x coverage).