Shanghai Beite Technology Balance Sheet Health
Financial Health criteria checks 5/6
Shanghai Beite Technology has a total shareholder equity of CN¥1.8B and total debt of CN¥867.9M, which brings its debt-to-equity ratio to 49%. Its total assets and total liabilities are CN¥3.4B and CN¥1.6B respectively. Shanghai Beite Technology's EBIT is CN¥119.8M making its interest coverage ratio 3.2. It has cash and short-term investments of CN¥173.7M.
Key information
49.0%
Debt to equity ratio
CN¥867.86m
Debt
| Interest coverage ratio | 3.2x |
| Cash | CN¥173.66m |
| Equity | CN¥1.77b |
| Total liabilities | CN¥1.60b |
| Total assets | CN¥3.37b |
Recent financial health updates
Shanghai Beite Technology (SHSE:603009) Has A Pretty Healthy Balance Sheet
Sep 25
Is Shanghai Beite Technology (SHSE:603009) A Risky Investment?
Jun 07Recent updates
Do Shanghai Beite Technology's (SHSE:603009) Earnings Warrant Your Attention?
Nov 21Shanghai Beite Technology Co., Ltd. (SHSE:603009) Stock Rockets 44% As Investors Are Less Pessimistic Than Expected
Oct 01Shanghai Beite Technology (SHSE:603009) Has A Pretty Healthy Balance Sheet
Sep 25Shanghai Beite Technology Co., Ltd. (SHSE:603009) May Have Run Too Fast Too Soon With Recent 27% Price Plummet
Jul 05There's Been No Shortage Of Growth Recently For Shanghai Beite Technology's (SHSE:603009) Returns On Capital
Jun 26Is Shanghai Beite Technology (SHSE:603009) A Risky Investment?
Jun 07What Shanghai Beite Technology Co., Ltd.'s (SHSE:603009) 31% Share Price Gain Is Not Telling You
May 21Why Shanghai Beite Technology's (SHSE:603009) Earnings Are Better Than They Seem
Apr 09There's Reason For Concern Over Shanghai Beite Technology Co., Ltd.'s (SHSE:603009) Massive 30% Price Jump
Mar 01Shanghai Beite Technology (SHSE:603009) Will Be Hoping To Turn Its Returns On Capital Around
Feb 29Financial Position Analysis
Short Term Liabilities: 603009's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥1.5B).
Long Term Liabilities: 603009's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥137.2M).
Debt to Equity History and Analysis
Debt Level: 603009's net debt to equity ratio (39.2%) is considered satisfactory.
Reducing Debt: 603009's debt to equity ratio has increased from 40.5% to 49% over the past 5 years.
Debt Coverage: 603009's debt is well covered by operating cash flow (27.4%).
Interest Coverage: 603009's interest payments on its debt are well covered by EBIT (3.2x coverage).