Shanghai Moons' Electric Balance Sheet Health
Financial Health criteria checks 5/6
Shanghai Moons' Electric has a total shareholder equity of CN¥2.8B and total debt of CN¥219.0M, which brings its debt-to-equity ratio to 7.8%. Its total assets and total liabilities are CN¥3.9B and CN¥1.1B respectively. Shanghai Moons' Electric's EBIT is CN¥199.2M making its interest coverage ratio 20.5. It has cash and short-term investments of CN¥623.9M.
Key information
7.8%
Debt to equity ratio
CN¥218.98m
Debt
| Interest coverage ratio | 20.5x |
| Cash | CN¥623.89m |
| Equity | CN¥2.81b |
| Total liabilities | CN¥1.05b |
| Total assets | CN¥3.86b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603728's short term assets (CN¥2.3B) exceed its short term liabilities (CN¥975.7M).
Long Term Liabilities: 603728's short term assets (CN¥2.3B) exceed its long term liabilities (CN¥74.3M).
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 5.1% to 7.8% over the past 5 years.
Debt Coverage: 603728's debt is well covered by operating cash flow (85.5%).
Interest Coverage: 603728's interest payments on its debt are well covered by EBIT (20.5x coverage).