Shentong Technology Group Balance Sheet Health
Financial Health criteria checks 5/6
Shentong Technology Group has a total shareholder equity of CN¥1.6B and total debt of CN¥588.2M, which brings its debt-to-equity ratio to 37.7%. Its total assets and total liabilities are CN¥2.9B and CN¥1.3B respectively. Shentong Technology Group's EBIT is CN¥45.8M making its interest coverage ratio -12. It has cash and short-term investments of CN¥804.7M.
Key information
37.7%
Debt to equity ratio
CN¥588.18m
Debt
| Interest coverage ratio | -12x |
| Cash | CN¥804.65m |
| Equity | CN¥1.56b |
| Total liabilities | CN¥1.32b |
| Total assets | CN¥2.88b |
Recent financial health updates
Recent updates
What Shentong Technology Group Co., Ltd's (SHSE:605228) 30% Share Price Gain Is Not Telling You
Dec 02
Shentong Technology Group Co., Ltd's (SHSE:605228) Share Price Could Signal Some Risk
Jul 18Solid Earnings Reflect Shentong Technology Group's (SHSE:605228) Strength As A Business
May 06We Think Shentong Technology Group (SHSE:605228) Can Manage Its Debt With Ease
Apr 30What Shentong Technology Group Co., Ltd's (SHSE:605228) 35% Share Price Gain Is Not Telling You
Mar 08Financial Position Analysis
Short Term Liabilities: 605228's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥713.4M).
Long Term Liabilities: 605228's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥607.9M).
Debt to Equity History and Analysis
Debt Level: 605228 has more cash than its total debt.
Reducing Debt: 605228's debt to equity ratio has increased from 37.5% to 37.7% over the past 5 years.
Debt Coverage: 605228's debt is well covered by operating cash flow (49%).
Interest Coverage: 605228 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 04:33 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Shentong Technology Group Co., Ltd is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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