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¥1.3B, which brings its debt-to-equity ratio to 76.1%. Its total assets and total liabilities are CN¥5.4B and CN¥3.7B respectively. Shijiazhuang Kelin Electric's EBIT is CN¥330.5M making its interest coverage ratio 9.5. It has cash and short-term investments of CN¥959.2M.
Key information
76.1%
Debt to equity ratio
CN¥1.28b
Debt
| Interest coverage ratio | 9.5x |
| Cash | CN¥959.20m |
| Equity | CN¥1.68b |
| Total liabilities | CN¥3.69b |
| Total assets | CN¥5.36b |
Recent financial health updates
Recent updates
Does Shijiazhuang Kelin Electric (SHSE:603050) Have A Healthy Balance Sheet?
May 21
Market 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¥4.3B) exceed its short term liabilities (CN¥2.4B).
Long Term Liabilities: 603050's short term assets (CN¥4.3B) exceed its long term liabilities (CN¥1.3B).
Debt to Equity History and Analysis
Debt Level: 603050's net debt to equity ratio (18.9%) is considered satisfactory.
Reducing Debt: 603050's debt to equity ratio has increased from 0.5% to 76.1% over the past 5 years.
Debt Coverage: 603050's debt is well covered by operating cash flow (37.3%).
Interest Coverage: 603050's interest payments on its debt are well covered by EBIT (9.5x coverage).