Ningbo KBE Electrical TechnologyLtd Balance Sheet Health
Financial Health criteria checks 3/6
Ningbo KBE Electrical TechnologyLtd has a total shareholder equity of CN¥1.2B and total debt of CN¥1.8B, which brings its debt-to-equity ratio to 153.4%. Its total assets and total liabilities are CN¥3.3B and CN¥2.1B respectively. Ningbo KBE Electrical TechnologyLtd's EBIT is CN¥251.0M making its interest coverage ratio 4.7. It has cash and short-term investments of CN¥386.9M.
Key information
153.4%
Debt to equity ratio
CN¥1.83b
Debt
| Interest coverage ratio | 4.7x |
| Cash | CN¥386.94m |
| Equity | CN¥1.20b |
| Total liabilities | CN¥2.14b |
| Total assets | CN¥3.33b |
Recent financial health updates
Is Ningbo KBE Electrical TechnologyLtd (SZSE:300863) Using Too Much Debt?
Dec 05
Ningbo KBE Electrical TechnologyLtd (SZSE:300863) Has A Somewhat Strained Balance Sheet
Jul 26Recent updates
Is Ningbo KBE Electrical TechnologyLtd (SZSE:300863) Using Too Much Debt?
Dec 05Ningbo KBE Electrical Technology Co.,Ltd.'s (SZSE:300863) Shareholders Might Be Looking For Exit
Sep 24Ningbo KBE Electrical TechnologyLtd (SZSE:300863) Has A Somewhat Strained Balance Sheet
Jul 26What Ningbo KBE Electrical Technology Co.,Ltd.'s (SZSE:300863) P/E Is Not Telling You
Jun 26Ningbo KBE Electrical TechnologyLtd's (SZSE:300863) Dividend Will Be CN¥0.50
Jun 02Ningbo KBE Electrical TechnologyLtd's (SZSE:300863) Returns On Capital Not Reflecting Well On The Business
May 29Financial Position Analysis
Short Term Liabilities: 300863's short term assets (CN¥2.2B) exceed its short term liabilities (CN¥1.6B).
Long Term Liabilities: 300863's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥531.2M).
Debt to Equity History and Analysis
Debt Level: 300863's net debt to equity ratio (121%) is considered high.
Reducing Debt: 300863's debt to equity ratio has increased from 71.8% to 153.4% over the past 5 years.
Debt Coverage: 300863's debt is not well covered by operating cash flow (7.5%).
Interest Coverage: 300863's interest payments on its debt are well covered by EBIT (4.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 02:42 |
| 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
Ningbo KBE Electrical Technology Co.,Ltd. is covered by 2 analysts. 1 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 |
|---|---|
| Xue Deng | China International Capital Corporation Limited |
| Jiang Shao | Minsheng Securities Co. |