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 Technology Co.,Ltd.'s (SHSE:603275) Shares Bounce 26% But Its Business Still Trails The Market
Dec 03
Shanghai Zhongchen Electronic TechnologyLtd (SHSE:603275) Is Posting Solid Earnings, But It Is Not All Good News
Nov 02Shanghai 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.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 16:51 |
| End of Day Share Price | 2024/12/24 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Shanghai Zhongchen Electronic Technology Co.,Ltd. is covered by 1 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 |
|---|---|
| Xiaoya Sun | Tianfeng Securities Brokerage Co., Ltd |