Chengdu M&S Electronics TechnologyLtd Balance Sheet Health
Financial Health criteria checks 3/6
Chengdu M&S Electronics TechnologyLtd has a total shareholder equity of CN¥1.6B and total debt of CN¥366.8M, which brings its debt-to-equity ratio to 22.5%. Its total assets and total liabilities are CN¥2.4B and CN¥778.7M respectively.
Key information
22.5%
Debt to equity ratio
CN¥366.84m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥345.83m |
| Equity | CN¥1.63b |
| Total liabilities | CN¥778.65m |
| Total assets | CN¥2.41b |
Recent financial health updates
Recent updates
Is Chengdu M&S Electronics TechnologyLtd (SHSE:688311) Using Debt In A Risky Way?
Oct 21
Chengdu M&S Electronics Technology Co.,Ltd. (SHSE:688311) Stocks Pounded By 26% But Not Lagging Industry On Growth Or Pricing
Jun 06Chengdu M&S Electronics Technology Co.,Ltd. (SHSE:688311) Shares Could Be 34% Above Their Intrinsic Value Estimate
Apr 17Revenues Tell The Story For Chengdu M&S Electronics Technology Co.,Ltd. (SHSE:688311) As Its Stock Soars 27%
Mar 13Financial Position Analysis
Short Term Liabilities: 688311's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥393.1M).
Long Term Liabilities: 688311's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥385.6M).
Debt to Equity History and Analysis
Debt Level: 688311's net debt to equity ratio (1.3%) is considered satisfactory.
Reducing Debt: 688311's debt to equity ratio has increased from 16.5% to 22.5% over the past 5 years.
Debt Coverage: 688311's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 688311's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 00:34 |
| End of Day Share Price | 2024/12/27 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
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Analyst Sources
Chengdu M&S Electronics Technology Co.,Ltd. is covered by 4 analysts. 1 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 |
|---|---|
| Chenshuo Fu | Citic Securities Co., Ltd. |
| Chao Hua | Guosen Securities Co., Ltd. |
| Kang Shi | Industrial Securities Co. Ltd. |