Shenzhen SED Industry Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen SED Industry has a total shareholder equity of CN¥12.0B and total debt of CN¥11.3B, which brings its debt-to-equity ratio to 94.1%. Its total assets and total liabilities are CN¥59.0B and CN¥47.0B respectively. Shenzhen SED Industry's EBIT is CN¥1.5B making its interest coverage ratio 5.2. It has cash and short-term investments of CN¥9.8B.
Key information
94.1%
Debt to equity ratio
CN¥11.29b
Debt
Interest coverage ratio | 5.2x |
Cash | CN¥9.81b |
Equity | CN¥12.00b |
Total liabilities | CN¥46.96b |
Total assets | CN¥58.96b |
Recent financial health updates
Recent updates
Shenzhen SED Industry Co., Ltd. (SZSE:000032) Looks Inexpensive But Perhaps Not Attractive Enough
Jun 30We Think That There Are Issues Underlying Shenzhen SED Industry's (SZSE:000032) Earnings
Apr 25Shenzhen SED Industry Co., Ltd. (SZSE:000032) Stock Catapults 34% Though Its Price And Business Still Lag The Industry
Mar 06Is Shenzhen SED Industry (SZSE:000032) A Risky Investment?
Feb 28Financial Position Analysis
Short Term Liabilities: 000032's short term assets (CN¥47.5B) exceed its short term liabilities (CN¥38.4B).
Long Term Liabilities: 000032's short term assets (CN¥47.5B) exceed its long term liabilities (CN¥8.6B).
Debt to Equity History and Analysis
Debt Level: 000032's net debt to equity ratio (12.4%) is considered satisfactory.
Reducing Debt: 000032's debt to equity ratio has reduced from 182.9% to 94.1% over the past 5 years.
Debt Coverage: 000032's debt is not well covered by operating cash flow (8.5%).
Interest Coverage: 000032's interest payments on its debt are well covered by EBIT (5.2x coverage).