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¥733.1M, which brings its debt-to-equity ratio to 47.1%. Its total assets and total liabilities are CN¥3.0B and CN¥1.4B respectively. Shentong Technology Group's EBIT is CN¥104.7M making its interest coverage ratio -118.7. It has cash and short-term investments of CN¥1.0B.
Key information
47.1%
Debt to equity ratio
CN¥733.13m
Debt
| Interest coverage ratio | -118.7x |
| Cash | CN¥1.02b |
| Equity | CN¥1.56b |
| Total liabilities | CN¥1.44b |
| Total assets | CN¥2.99b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 605228's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥853.7M).
Long Term Liabilities: 605228's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥583.4M).
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 43.2% to 47.1% over the past 5 years.
Debt Coverage: 605228's debt is well covered by operating cash flow (41.9%).
Interest Coverage: 605228 earns more interest than it pays, so coverage of interest payments is not a concern.