Shijiazhuang Shangtai Technology Balance Sheet Health
Financial Health criteria checks 4/6
Shijiazhuang Shangtai Technology has a total shareholder equity of CN¥6.0B and total debt of CN¥1.5B, which brings its debt-to-equity ratio to 25%. Its total assets and total liabilities are CN¥8.1B and CN¥2.1B respectively. Shijiazhuang Shangtai Technology's EBIT is CN¥818.9M making its interest coverage ratio 21.9. It has cash and short-term investments of CN¥290.4M.
Key information
25.0%
Debt to equity ratio
CN¥1.51b
Debt
| Interest coverage ratio | 21.9x |
| Cash | CN¥290.44m |
| Equity | CN¥6.04b |
| Total liabilities | CN¥2.10b |
| Total assets | CN¥8.15b |
Recent financial health updates
Shijiazhuang Shangtai Technology (SZSE:001301) Takes On Some Risk With Its Use Of Debt
Sep 24
These 4 Measures Indicate That Shijiazhuang Shangtai Technology (SZSE:001301) Is Using Debt Extensively
Jun 03Is Shijiazhuang Shangtai Technology (SZSE:001301) Using Too Much Debt?
Feb 26Recent updates
Shijiazhuang Shangtai Technology's (SZSE:001301) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Nov 04Shijiazhuang Shangtai Technology (SZSE:001301) Takes On Some Risk With Its Use Of Debt
Sep 24Is Shijiazhuang Shangtai Technology Co., Ltd. (SZSE:001301) Expensive For A Reason? A Look At Its Intrinsic Value
Aug 22These 4 Measures Indicate That Shijiazhuang Shangtai Technology (SZSE:001301) Is Using Debt Extensively
Jun 03Shijiazhuang Shangtai Technology's (SZSE:001301) Shareholders Have More To Worry About Than Only Soft Earnings
May 05Revenue Downgrade: Here's What Analysts Forecast For Shijiazhuang Shangtai Technology Co., Ltd. (SZSE:001301)
Apr 28Is Shijiazhuang Shangtai Technology (SZSE:001301) Using Too Much Debt?
Feb 26Financial Position Analysis
Short Term Liabilities: 001301's short term assets (CN¥5.0B) exceed its short term liabilities (CN¥1.0B).
Long Term Liabilities: 001301's short term assets (CN¥5.0B) exceed its long term liabilities (CN¥1.1B).
Debt to Equity History and Analysis
Debt Level: 001301's net debt to equity ratio (20.2%) is considered satisfactory.
Reducing Debt: 001301's debt to equity ratio has increased from 0% to 25% over the past 5 years.
Debt Coverage: 001301's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 001301's interest payments on its debt are well covered by EBIT (21.9x coverage).