Suzhou Secote Precision ElectronicLTD Balance Sheet Health
Financial Health criteria checks 5/6
Suzhou Secote Precision ElectronicLTD has a total shareholder equity of CN¥3.0B and total debt of CN¥1.0B, which brings its debt-to-equity ratio to 33.9%. Its total assets and total liabilities are CN¥6.2B and CN¥3.2B respectively. Suzhou Secote Precision ElectronicLTD's EBIT is CN¥958.3M making its interest coverage ratio 239.4. It has cash and short-term investments of CN¥734.0M.
Key information
33.9%
Debt to equity ratio
CN¥1.00b
Debt
| Interest coverage ratio | 239.4x |
| Cash | CN¥734.03m |
| Equity | CN¥2.96b |
| Total liabilities | CN¥3.21b |
| Total assets | CN¥6.17b |
Recent financial health updates
Is Suzhou Secote Precision ElectronicLTD (SHSE:603283) A Risky Investment?
Dec 08
Suzhou Secote Precision ElectronicLTD (SHSE:603283) Seems To Use Debt Rather Sparingly
Jul 13Is Suzhou Secote Precision ElectronicLTD (SHSE:603283) A Risky Investment?
Mar 20Recent updates
Here's Why We Think Suzhou Secote Precision ElectronicLTD (SHSE:603283) Might Deserve Your Attention Today
Jan 09Is Suzhou Secote Precision ElectronicLTD (SHSE:603283) A Risky Investment?
Dec 08Suzhou Secote Precision ElectronicLTD (SHSE:603283) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Nov 07Even With A 35% Surge, Cautious Investors Are Not Rewarding Suzhou Secote Precision Electronic Co.,LTD's (SHSE:603283) Performance Completely
Oct 18Suzhou Secote Precision ElectronicLTD (SHSE:603283) Knows How To Allocate Capital Effectively
Oct 04Why Investors Shouldn't Be Surprised By Suzhou Secote Precision Electronic Co.,LTD's (SHSE:603283) 29% Share Price Plunge
Aug 15Suzhou Secote Precision ElectronicLTD (SHSE:603283) Seems To Use Debt Rather Sparingly
Jul 13If EPS Growth Is Important To You, Suzhou Secote Precision ElectronicLTD (SHSE:603283) Presents An Opportunity
Jun 26Improved Earnings Required Before Suzhou Secote Precision Electronic Co.,LTD (SHSE:603283) Shares Find Their Feet
Jun 10Suzhou Secote Precision ElectronicLTD's (SHSE:603283) Solid Earnings Are Supported By Other Strong Factors
May 06Investors Shouldn't Overlook Suzhou Secote Precision ElectronicLTD's (SHSE:603283) Impressive Returns On Capital
Apr 26Is Suzhou Secote Precision ElectronicLTD (SHSE:603283) A Risky Investment?
Mar 20Further Upside For Suzhou Secote Precision Electronic Co.,LTD (SHSE:603283) Shares Could Introduce Price Risks After 25% Bounce
Mar 04Financial Position Analysis
Short Term Liabilities: 603283's short term assets (CN¥4.5B) exceed its short term liabilities (CN¥3.1B).
Long Term Liabilities: 603283's short term assets (CN¥4.5B) exceed its long term liabilities (CN¥100.0M).
Debt to Equity History and Analysis
Debt Level: 603283's net debt to equity ratio (9.1%) is considered satisfactory.
Reducing Debt: 603283's debt to equity ratio has reduced from 44.9% to 33.9% over the past 5 years.
Debt Coverage: 603283's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 603283's interest payments on its debt are well covered by EBIT (239.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 03:26 |
| End of Day Share Price | 2025/01/10 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Suzhou Secote Precision Electronic Co.,LTD is covered by 6 analysts. 2 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 |
|---|---|
| Rong Liu | China Merchants Securities Co. Ltd. |
| Tao Xu | Citic Securities Co., Ltd. |
| Kang Shi | Industrial Securities Co. Ltd. |