Shenzhen Center Power Tech Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen Center Power Tech has a total shareholder equity of CN¥2.8B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 40.4%. Its total assets and total liabilities are CN¥5.4B and CN¥2.6B respectively. Shenzhen Center Power Tech's EBIT is CN¥187.3M making its interest coverage ratio 12.5. It has cash and short-term investments of CN¥1.5B.
Key information
40.4%
Debt to equity ratio
CN¥1.13b
Debt
| Interest coverage ratio | 12.5x |
| Cash | CN¥1.53b |
| Equity | CN¥2.80b |
| Total liabilities | CN¥2.63b |
| Total assets | CN¥5.43b |
Recent financial health updates
Recent updates
Beyond Lackluster Earnings: Potential Concerns For Shenzhen Center Power Tech's (SZSE:002733) Shareholders
Nov 06
Shenzhen Center Power Tech (SZSE:002733) Is Increasing Its Dividend To CN¥0.15
Jun 08Is Shenzhen Center Power Tech (SZSE:002733) A Risky Investment?
Jun 07We Think You Can Look Beyond Shenzhen Center Power Tech's (SZSE:002733) Lackluster Earnings
May 06Improved Revenues Required Before Shenzhen Center Power Tech. Co., Ltd (SZSE:002733) Shares Find Their Feet
Mar 01Financial Position Analysis
Short Term Liabilities: 002733's short term assets (CN¥3.6B) exceed its short term liabilities (CN¥2.1B).
Long Term Liabilities: 002733's short term assets (CN¥3.6B) exceed its long term liabilities (CN¥498.5M).
Debt to Equity History and Analysis
Debt Level: 002733 has more cash than its total debt.
Reducing Debt: 002733's debt to equity ratio has increased from 28.2% to 40.4% over the past 5 years.
Debt Coverage: 002733's debt is well covered by operating cash flow (51.1%).
Interest Coverage: 002733's interest payments on its debt are well covered by EBIT (12.5x coverage).