SAN BIAN SCIENCE& TECHNOLOGY Balance Sheet Health
Financial Health criteria checks 3/6
SAN BIAN SCIENCE& TECHNOLOGY has a total shareholder equity of CN¥565.7M and total debt of CN¥818.1M, which brings its debt-to-equity ratio to 144.6%. Its total assets and total liabilities are CN¥2.0B and CN¥1.5B respectively. SAN BIAN SCIENCE& TECHNOLOGY's EBIT is CN¥140.4M making its interest coverage ratio 4.8. It has cash and short-term investments of CN¥220.0M.
Key information
144.6%
Debt to equity ratio
CN¥818.07m
Debt
Interest coverage ratio | 4.8x |
Cash | CN¥220.05m |
Equity | CN¥565.69m |
Total liabilities | CN¥1.46b |
Total assets | CN¥2.03b |
Recent financial health updates
No updates
Recent updates
SAN BIAN SCIENCE& TECHNOLOGY's (SZSE:002112) Earnings Are Of Questionable Quality
May 07Subdued Growth No Barrier To SAN BIAN SCIENCE& TECHNOLOGY Co., LTD. (SZSE:002112) With Shares Advancing 34%
Mar 07With EPS Growth And More, SAN BIAN SCIENCE& TECHNOLOGY (SZSE:002112) Makes An Interesting Case
Feb 27Financial Position Analysis
Short Term Liabilities: 002112's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥1.3B).
Long Term Liabilities: 002112's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥133.3M).
Debt to Equity History and Analysis
Debt Level: 002112's net debt to equity ratio (105.7%) is considered high.
Reducing Debt: 002112's debt to equity ratio has increased from 70.8% to 144.6% over the past 5 years.
Debt Coverage: 002112's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 002112's interest payments on its debt are well covered by EBIT (4.8x coverage).