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 24These 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).
Balance Sheet
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Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
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Company Analysis | 2024/12/26 08:25 |
End of Day Share Price | 2024/12/26 00:00 |
Earnings | 2024/09/30 |
Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package | Data | Timeframe | Example US Source * |
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Company Financials | 10 years |
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Analyst Consensus Estimates | +3 years |
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Market Prices | 30 years |
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Ownership | 10 years |
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Management | 10 years |
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Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Shijiazhuang Shangtai Technology Co., Ltd. is covered by 7 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst | Institution |
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Shuo Liu | China International Capital Corporation Limited |
Weichen Wu | Citic Securities Co., Ltd. |
Weiqi Wang | Guosen Securities Co., Ltd. |