Shenzhen SNC Opto ElectronicLtd Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen SNC Opto ElectronicLtd has a total shareholder equity of CN¥1.2B and total debt of CN¥32.8M, which brings its debt-to-equity ratio to 2.7%. Its total assets and total liabilities are CN¥1.9B and CN¥713.5M respectively. Shenzhen SNC Opto ElectronicLtd's EBIT is CN¥116.7M making its interest coverage ratio -58.8. It has cash and short-term investments of CN¥778.4M.
Key information
2.7%
Debt to equity ratio
CN¥32.79m
Debt
| Interest coverage ratio | -58.8x |
| Cash | CN¥778.41m |
| Equity | CN¥1.21b |
| Total liabilities | CN¥713.54m |
| Total assets | CN¥1.93b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 001326's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥633.0M).
Long Term Liabilities: 001326's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥80.5M).
Debt to Equity History and Analysis
Debt Level: 001326 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 001326's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 001326's debt is well covered by operating cash flow (391.9%).
Interest Coverage: 001326 earns more interest than it pays, so coverage of interest payments is not a concern.