Shanghai Moons' Electric Balance Sheet Health
Financial Health criteria checks 5/6
Shanghai Moons' Electric has a total shareholder equity of CN¥2.9B and total debt of CN¥375.7M, which brings its debt-to-equity ratio to 13%. Its total assets and total liabilities are CN¥4.0B and CN¥1.1B respectively. Shanghai Moons' Electric's EBIT is CN¥90.3M making its interest coverage ratio 128.7. It has cash and short-term investments of CN¥770.4M.
Key information
13.0%
Debt to equity ratio
CN¥375.69m
Debt
| Interest coverage ratio | 128.7x |
| Cash | CN¥770.39m |
| Equity | CN¥2.89b |
| Total liabilities | CN¥1.08b |
| Total assets | CN¥3.97b |
Recent financial health updates
Recent updates
Shanghai Moons' Electric Co., Ltd.'s (SHSE:603728) Shares Climb 30% But Its Business Is Yet to Catch Up
Nov 11
Returns On Capital At Shanghai Moons' Electric (SHSE:603728) Paint A Concerning Picture
Oct 18There's Reason For Concern Over Shanghai Moons' Electric Co., Ltd.'s (SHSE:603728) Massive 34% Price Jump
Sep 26We Think That There Are More Issues For Shanghai Moons' Electric (SHSE:603728) Than Just Sluggish Earnings
Sep 03Results: Shanghai Moons' Electric Co., Ltd. Exceeded Expectations And The Consensus Has Updated Its Estimates
Aug 29Shanghai Moons' Electric (SHSE:603728) Takes On Some Risk With Its Use Of Debt
Aug 08Why Investors Shouldn't Be Surprised By Shanghai Moons' Electric Co., Ltd.'s (SHSE:603728) P/S
Jun 17Some Investors May Be Worried About Shanghai Moons' Electric's (SHSE:603728) Returns On Capital
May 27Shanghai Moons' Electric Co., Ltd. (SHSE:603728) Looks Just Right With A 27% Price Jump
Feb 27Financial Position Analysis
Short Term Liabilities: 603728's short term assets (CN¥2.3B) exceed its short term liabilities (CN¥976.0M).
Long Term Liabilities: 603728's short term assets (CN¥2.3B) exceed its long term liabilities (CN¥107.7M).
Debt to Equity History and Analysis
Debt Level: 603728 has more cash than its total debt.
Reducing Debt: 603728's debt to equity ratio has increased from 9.5% to 13% over the past 5 years.
Debt Coverage: 603728's debt is well covered by operating cash flow (59.3%).
Interest Coverage: 603728's interest payments on its debt are well covered by EBIT (128.7x coverage).