SEC Electric Machinery Balance Sheet Health
Financial Health criteria checks 6/6
SEC Electric Machinery has a total shareholder equity of CN¥657.8M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.1B and CN¥453.4M respectively. SEC Electric Machinery's EBIT is CN¥28.8M making its interest coverage ratio 28.4. It has cash and short-term investments of CN¥117.1M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | 28.4x |
| Cash | CN¥117.07m |
| Equity | CN¥657.76m |
| Total liabilities | CN¥453.40m |
| Total assets | CN¥1.11b |
Recent financial health updates
No updates
Recent updates
Subdued Growth No Barrier To SEC Electric Machinery Co., Ltd. (SHSE:603988) With Shares Advancing 28%
Nov 10
Investors Can Find Comfort In SEC Electric Machinery's (SHSE:603988) Earnings Quality
Nov 06SEC Electric Machinery Co., Ltd.'s (SHSE:603988) 42% Share Price Surge Not Quite Adding Up
Sep 25Here's What's Concerning About SEC Electric Machinery's (SHSE:603988) Returns On Capital
Sep 23SEC Electric Machinery Co., Ltd. (SHSE:603988) Stock Rockets 28% As Investors Are Less Pessimistic Than Expected
Aug 10SEC Electric Machinery (SHSE:603988) Will Be Hoping To Turn Its Returns On Capital Around
Apr 24SEC Electric Machinery's (SHSE:603988) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Apr 05Revenues Not Telling The Story For SEC Electric Machinery Co., Ltd. (SHSE:603988)
Mar 06Financial Position Analysis
Short Term Liabilities: 603988's short term assets (CN¥956.6M) exceed its short term liabilities (CN¥414.5M).
Long Term Liabilities: 603988's short term assets (CN¥956.6M) exceed its long term liabilities (CN¥38.9M).
Debt to Equity History and Analysis
Debt Level: 603988 is debt free.
Reducing Debt: 603988 has not had any debt for past 5 years.
Debt Coverage: 603988 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 603988 has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 12:58 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
SEC Electric Machinery Co., Ltd. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Dan Dan Zheng | Huatai Research |