Shandong Golden Empire Precision Machinery Technology Balance Sheet Health
Financial Health criteria checks 4/6
Shandong Golden Empire Precision Machinery Technology has a total shareholder equity of CN¥2.2B and total debt of CN¥228.2M, which brings its debt-to-equity ratio to 10.5%. Its total assets and total liabilities are CN¥3.1B and CN¥971.1M respectively. Shandong Golden Empire Precision Machinery Technology's EBIT is CN¥49.5M making its interest coverage ratio -16.3. It has cash and short-term investments of CN¥661.9M.
Key information
10.5%
Debt to equity ratio
CN¥228.17m
Debt
| Interest coverage ratio | -16.3x |
| Cash | CN¥661.89m |
| Equity | CN¥2.16b |
| Total liabilities | CN¥971.06m |
| Total assets | CN¥3.13b |
Recent financial health updates
Recent updates
Shandong Golden Empire Precision Machinery Technology (SHSE:603270) Takes On Some Risk With Its Use Of Debt
Jan 03
Shandong Golden Empire Precision Machinery Technology Co., Ltd.'s (SHSE:603270) 33% Price Boost Is Out Of Tune With Earnings
Dec 05Shandong Golden Empire Precision Machinery Technology (SHSE:603270) Is Reinvesting At Lower Rates Of Return
Nov 21Shandong Golden Empire Precision Machinery Technology (SHSE:603270) Strong Profits May Be Masking Some Underlying Issues
May 06Investor Optimism Abounds Shandong Golden Empire Precision Machinery Technology Co., Ltd. (SHSE:603270) But Growth Is Lacking
Apr 30Financial Position Analysis
Short Term Liabilities: 603270's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥678.2M).
Long Term Liabilities: 603270's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥292.8M).
Debt to Equity History and Analysis
Debt Level: 603270 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 603270's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 603270's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 603270 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/22 13:33 |
| End of Day Share Price | 2025/01/22 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
Shandong Golden Empire Precision Machinery Technology Co., Ltd. is covered by 0 analysts. 0 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 |
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