Shentong Technology Group Co., Ltd

SHSE:605228 Stock Report

Market Cap: CN¥5.1b

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
CashCN¥804.65m
EquityCN¥1.56b
Total liabilitiesCN¥1.32b
Total assetsCN¥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
What Shentong Technology Group Co., Ltd's (SHSE:605228) 30% Share Price Gain Is Not Telling You

Shentong Technology Group Co., Ltd's (SHSE:605228) Share Price Could Signal Some Risk

Jul 18
Shentong Technology Group Co., Ltd's (SHSE:605228) Share Price Could Signal Some Risk

Solid Earnings Reflect Shentong Technology Group's (SHSE:605228) Strength As A Business

May 06
Solid Earnings Reflect Shentong Technology Group's (SHSE:605228) Strength As A Business

We Think Shentong Technology Group (SHSE:605228) Can Manage Its Debt With Ease

Apr 30
We Think Shentong Technology Group (SHSE:605228) Can Manage Its Debt With Ease

What Shentong Technology Group Co., Ltd's (SHSE:605228) 35% Share Price Gain Is Not Telling You

Mar 08
What Shentong Technology Group Co., Ltd's (SHSE:605228) 35% Share Price Gain Is Not Telling You

Financial 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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