Shijiazhuang Kelin Electric Balance Sheet Health
Financial Health criteria checks 5/6
Shijiazhuang Kelin Electric has a total shareholder equity of CN¥1.7B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 65%. Its total assets and total liabilities are CN¥5.2B and CN¥3.5B respectively. Shijiazhuang Kelin Electric's EBIT is CN¥323.6M making its interest coverage ratio 8.8. It has cash and short-term investments of CN¥607.1M.
Key information
65.0%
Debt to equity ratio
CN¥1.08b
Debt
| Interest coverage ratio | 8.8x |
| Cash | CN¥607.13m |
| Equity | CN¥1.66b |
| Total liabilities | CN¥3.53b |
| Total assets | CN¥5.18b |
Recent financial health updates
Is Shijiazhuang Kelin Electric (SHSE:603050) A Risky Investment?
Sep 30
Does Shijiazhuang Kelin Electric (SHSE:603050) Have A Healthy Balance Sheet?
May 21Recent updates
Is Shijiazhuang Kelin Electric (SHSE:603050) A Risky Investment?
Sep 30Shijiazhuang Kelin Electric's (SHSE:603050) Earnings Are Of Questionable Quality
Sep 04Returns Are Gaining Momentum At Shijiazhuang Kelin Electric (SHSE:603050)
Aug 13Fewer Investors Than Expected Jumping On Shijiazhuang Kelin Electric Co., Ltd. (SHSE:603050)
Jul 28We Ran A Stock Scan For Earnings Growth And Shijiazhuang Kelin Electric (SHSE:603050) Passed With Ease
Jul 12Does Shijiazhuang Kelin Electric (SHSE:603050) Have A Healthy Balance Sheet?
May 21Market Might Still Lack Some Conviction On Shijiazhuang Kelin Electric Co., Ltd. (SHSE:603050) Even After 26% Share Price Boost
Apr 22The Returns On Capital At Shijiazhuang Kelin Electric (SHSE:603050) Don't Inspire Confidence
Apr 12Shijiazhuang Kelin Electric Co., Ltd.'s (SHSE:603050) Price Is Right But Growth Is Lacking After Shares Rocket 32%
Mar 08Does Shijiazhuang Kelin Electric (SHSE:603050) Deserve A Spot On Your Watchlist?
Mar 06Financial Position Analysis
Short Term Liabilities: 603050's short term assets (CN¥4.2B) exceed its short term liabilities (CN¥2.8B).
Long Term Liabilities: 603050's short term assets (CN¥4.2B) exceed its long term liabilities (CN¥714.0M).
Debt to Equity History and Analysis
Debt Level: 603050's net debt to equity ratio (28.4%) is considered satisfactory.
Reducing Debt: 603050's debt to equity ratio has increased from 24.8% to 65% over the past 5 years.
Debt Coverage: 603050's debt is well covered by operating cash flow (36.4%).
Interest Coverage: 603050's interest payments on its debt are well covered by EBIT (8.8x coverage).