Shanghai Moons' Electric Balance Sheet Health
Financial Health criteria checks 6/6
Shanghai Moons' Electric has a total shareholder equity of CN¥2.9B and total debt of CN¥262.7M, which brings its debt-to-equity ratio to 9.2%. Its total assets and total liabilities are CN¥3.9B and CN¥983.6M respectively. Shanghai Moons' Electric's EBIT is CN¥122.2M making its interest coverage ratio 28.1. It has cash and short-term investments of CN¥569.5M.
Key information
9.2%
Debt to equity ratio
CN¥262.69m
Debt
| Interest coverage ratio | 28.1x |
| Cash | CN¥569.46m |
| Equity | CN¥2.87b |
| Total liabilities | CN¥983.59m |
| Total assets | CN¥3.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603728's short term assets (CN¥2.2B) exceed its short term liabilities (CN¥890.2M).
Long Term Liabilities: 603728's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥93.4M).
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 reduced from 12.1% to 9.2% over the past 5 years.
Debt Coverage: 603728's debt is well covered by operating cash flow (80.4%).
Interest Coverage: 603728's interest payments on its debt are well covered by EBIT (28.1x coverage).