Shenzhen Highpower Technology Balance Sheet Health
Financial Health criteria checks 2/6
Shenzhen Highpower Technology has a total shareholder equity of CN¥2.5B and total debt of CN¥2.3B, which brings its debt-to-equity ratio to 90.8%. Its total assets and total liabilities are CN¥8.9B and CN¥6.3B respectively. Shenzhen Highpower Technology's EBIT is CN¥102.2M making its interest coverage ratio 1.4. It has cash and short-term investments of CN¥1.2B.
Key information
90.8%
Debt to equity ratio
CN¥2.30b
Debt
| Interest coverage ratio | 1.4x |
| Cash | CN¥1.16b |
| Equity | CN¥2.53b |
| Total liabilities | CN¥6.34b |
| Total assets | CN¥8.87b |
Recent financial health updates
No updates
Recent updates
Shenzhen Highpower Technology's (SZSE:001283) Earnings Are Built On Soft Foundations
Nov 04
A Look At The Intrinsic Value Of Shenzhen Highpower Technology Co., Ltd. (SZSE:001283)
Sep 25Weak Statutory Earnings May Not Tell The Whole Story For Shenzhen Highpower Technology (SZSE:001283)
May 03Shenzhen Highpower Technology Co., Ltd. (SZSE:001283) Stock Rockets 27% But Many Are Still Ignoring The Company
Mar 13Financial Position Analysis
Short Term Liabilities: 001283's short term assets (CN¥4.2B) exceed its short term liabilities (CN¥4.1B).
Long Term Liabilities: 001283's short term assets (CN¥4.2B) exceed its long term liabilities (CN¥2.2B).
Debt to Equity History and Analysis
Debt Level: 001283's net debt to equity ratio (44.9%) is considered high.
Reducing Debt: 001283's debt to equity ratio has increased from 32.5% to 90.8% over the past 5 years.
Debt Coverage: 001283's debt is not well covered by operating cash flow (11.9%).
Interest Coverage: 001283's interest payments on its debt are not well covered by EBIT (1.4x coverage).