Shanghai Zhongchen Electronic TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Shanghai Zhongchen Electronic TechnologyLtd has a total shareholder equity of CN¥2.8B and total debt of CN¥382.9K, which brings its debt-to-equity ratio to 0.01%. Its total assets and total liabilities are CN¥3.1B and CN¥313.2M respectively. Shanghai Zhongchen Electronic TechnologyLtd's EBIT is CN¥181.0M making its interest coverage ratio -7.3. It has cash and short-term investments of CN¥2.1B.
Key information
0.01%
Debt to equity ratio
CN¥382.85k
Debt
| Interest coverage ratio | -7.3x |
| Cash | CN¥2.11b |
| Equity | CN¥2.76b |
| Total liabilities | CN¥313.16m |
| Total assets | CN¥3.07b |
Recent financial health updates
No updates
Recent updates
Shanghai Zhongchen Electronic TechnologyLtd (SHSE:603275) Is Posting Solid Earnings, But It Is Not All Good News
Nov 02
Shanghai Zhongchen Electronic TechnologyLtd (SHSE:603275) Could Be Struggling To Allocate Capital
Oct 02Shanghai Zhongchen Electronic TechnologyLtd (SHSE:603275) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
May 02Financial Position Analysis
Short Term Liabilities: 603275's short term assets (CN¥2.7B) exceed its short term liabilities (CN¥290.5M).
Long Term Liabilities: 603275's short term assets (CN¥2.7B) exceed its long term liabilities (CN¥22.7M).
Debt to Equity History and Analysis
Debt Level: 603275 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 603275's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 603275's debt is well covered by operating cash flow (23401.4%).
Interest Coverage: 603275 earns more interest than it pays, so coverage of interest payments is not a concern.