Changzhou Shenli Electrical Machine Balance Sheet Health
Financial Health criteria checks 3/6
Changzhou Shenli Electrical Machine has a total shareholder equity of CN¥778.7M and total debt of CN¥524.3M, which brings its debt-to-equity ratio to 67.3%. Its total assets and total liabilities are CN¥1.4B and CN¥668.3M respectively.
Key information
67.3%
Debt to equity ratio
CN¥524.34m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥208.69m |
| Equity | CN¥778.69m |
| Total liabilities | CN¥668.32m |
| Total assets | CN¥1.45b |
Recent financial health updates
No updates
Recent updates
There's No Escaping Changzhou Shenli Electrical Machine Incorporated Company's (SHSE:603819) Muted Revenues Despite A 27% Share Price Rise
Nov 11
We Think That There Are Some Issues For Changzhou Shenli Electrical Machine (SHSE:603819) Beyond Its Promising Earnings
Nov 05We Think Changzhou Shenli Electrical Machine's (SHSE:603819) Solid Earnings Are Understated
May 03Subdued Growth No Barrier To Changzhou Shenli Electrical Machine Incorporated Company (SHSE:603819) With Shares Advancing 25%
Mar 21Financial Position Analysis
Short Term Liabilities: 603819's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥661.1M).
Long Term Liabilities: 603819's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥7.2M).
Debt to Equity History and Analysis
Debt Level: 603819's net debt to equity ratio (40.5%) is considered high.
Reducing Debt: 603819's debt to equity ratio has increased from 44.3% to 67.3% over the past 5 years.
Debt Coverage: 603819's debt is well covered by operating cash flow (22.7%).
Interest Coverage: Insufficient data to determine if 603819's interest payments on its debt are well covered by EBIT.