Shanghai CEO Environmental Protection Technology Balance Sheet Health
Financial Health criteria checks 5/6
Shanghai CEO Environmental Protection Technology has a total shareholder equity of CN¥1.3B and total debt of CN¥14.1M, which brings its debt-to-equity ratio to 1.1%. Its total assets and total liabilities are CN¥1.4B and CN¥175.1M respectively. Shanghai CEO Environmental Protection Technology's EBIT is CN¥39.1M making its interest coverage ratio -2.7. It has cash and short-term investments of CN¥579.5M.
Key information
1.1%
Debt to equity ratio
CN¥14.10m
Debt
| Interest coverage ratio | -2.7x |
| Cash | CN¥579.53m |
| Equity | CN¥1.26b |
| Total liabilities | CN¥175.09m |
| Total assets | CN¥1.43b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688335's short term assets (CN¥1.0B) exceed its short term liabilities (CN¥166.5M).
Long Term Liabilities: 688335's short term assets (CN¥1.0B) exceed its long term liabilities (CN¥8.6M).
Debt to Equity History and Analysis
Debt Level: 688335 has more cash than its total debt.
Reducing Debt: 688335 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 688335's debt is not well covered by operating cash flow (8.8%).
Interest Coverage: 688335 earns more interest than it pays, so coverage of interest payments is not a concern.