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
Recent updates
Shanghai 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¥2.2B) 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).