Shenzhen Xinyuren Technology Balance Sheet Health
Financial Health criteria checks 3/6
Shenzhen Xinyuren Technology has a total shareholder equity of CN¥835.1M and total debt of CN¥255.1M, which brings its debt-to-equity ratio to 30.5%. Its total assets and total liabilities are CN¥2.2B and CN¥1.3B respectively.
Key information
30.5%
Debt to equity ratio
CN¥255.09m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥230.10m |
| Equity | CN¥835.06m |
| Total liabilities | CN¥1.33b |
| Total assets | CN¥2.17b |
Recent financial health updates
No updates
Recent updates
Revenues Not Telling The Story For Shenzhen Xinyuren Technology Co., Ltd. (SHSE:688573) After Shares Rise 31%
Nov 14
Shenzhen Xinyuren Technology's (SHSE:688573) Shareholders Have More To Worry About Than Lackluster Earnings
Sep 06Shenzhen Xinyuren Technology Co., Ltd.'s (SHSE:688573) 28% Jump Shows Its Popularity With Investors
Mar 07Financial Position Analysis
Short Term Liabilities: 688573's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 688573's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥111.6M).
Debt to Equity History and Analysis
Debt Level: 688573's net debt to equity ratio (3%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 688573's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 688573's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 688573's interest payments on its debt are well covered by EBIT.