Shenzhen Kaizhong Precision Technology Co., Ltd.

SZSE:002823 Stock Report

Market Cap: CN¥4.6b

Shenzhen Kaizhong Precision Technology Balance Sheet Health

Financial Health criteria checks 5/6

Shenzhen Kaizhong Precision Technology has a total shareholder equity of CN¥2.0B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 55.8%. Its total assets and total liabilities are CN¥3.6B and CN¥1.7B respectively. Shenzhen Kaizhong Precision Technology's EBIT is CN¥223.9M making its interest coverage ratio 3.7. It has cash and short-term investments of CN¥103.8M.

Key information

55.8%

Debt to equity ratio

CN¥1.10b

Debt

Interest coverage ratio3.7x
CashCN¥103.76m
EquityCN¥1.98b
Total liabilitiesCN¥1.66b
Total assetsCN¥3.64b

Recent financial health updates

Is Shenzhen Kaizhong Precision Technology (SZSE:002823) Using Too Much Debt?

Dec 18
Is Shenzhen Kaizhong Precision Technology (SZSE:002823) Using Too Much Debt?

Here's Why Shenzhen Kaizhong Precision Technology (SZSE:002823) Can Manage Its Debt Responsibly

Aug 29
Here's Why Shenzhen Kaizhong Precision Technology (SZSE:002823) Can Manage Its Debt Responsibly

Recent updates

Is Shenzhen Kaizhong Precision Technology (SZSE:002823) Using Too Much Debt?

Dec 18
Is Shenzhen Kaizhong Precision Technology (SZSE:002823) Using Too Much Debt?

Subdued Growth No Barrier To Shenzhen Kaizhong Precision Technology Co., Ltd. (SZSE:002823) With Shares Advancing 25%

Nov 11
Subdued Growth No Barrier To Shenzhen Kaizhong Precision Technology Co., Ltd. (SZSE:002823) With Shares Advancing 25%

Additional Considerations Required While Assessing Shenzhen Kaizhong Precision Technology's (SZSE:002823) Strong Earnings

Sep 04
Additional Considerations Required While Assessing Shenzhen Kaizhong Precision Technology's (SZSE:002823) Strong Earnings

Here's Why Shenzhen Kaizhong Precision Technology (SZSE:002823) Can Manage Its Debt Responsibly

Aug 29
Here's Why Shenzhen Kaizhong Precision Technology (SZSE:002823) Can Manage Its Debt Responsibly

Revenues Working Against Shenzhen Kaizhong Precision Technology Co., Ltd.'s (SZSE:002823) Share Price Following 28% Dive

Aug 10
Revenues Working Against Shenzhen Kaizhong Precision Technology Co., Ltd.'s (SZSE:002823) Share Price Following 28% Dive

Does Shenzhen Kaizhong Precision Technology (SZSE:002823) Deserve A Spot On Your Watchlist?

Jul 12
Does Shenzhen Kaizhong Precision Technology (SZSE:002823) Deserve A Spot On Your Watchlist?

Shenzhen Kaizhong Precision Technology Co., Ltd. (SZSE:002823) Stock Catapults 27% Though Its Price And Business Still Lag The Industry

May 21
Shenzhen Kaizhong Precision Technology Co., Ltd. (SZSE:002823) Stock Catapults 27% Though Its Price And Business Still Lag The Industry

Shenzhen Kaizhong Precision Technology (SZSE:002823) Could Be Struggling To Allocate Capital

Apr 16
Shenzhen Kaizhong Precision Technology (SZSE:002823) Could Be Struggling To Allocate Capital

Earnings Not Telling The Story For Shenzhen Kaizhong Precision Technology Co., Ltd. (SZSE:002823) After Shares Rise 37%

Mar 08
Earnings Not Telling The Story For Shenzhen Kaizhong Precision Technology Co., Ltd. (SZSE:002823) After Shares Rise 37%

Financial Position Analysis

Short Term Liabilities: 002823's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥1.2B).

Long Term Liabilities: 002823's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥496.7M).

Debt to Equity History and Analysis

Debt Level: 002823's net debt to equity ratio (50.5%) is considered high.

Reducing Debt: 002823's debt to equity ratio has reduced from 103.9% to 55.8% over the past 5 years.

Debt Coverage: 002823's debt is well covered by operating cash flow (28.4%).

Interest Coverage: 002823's interest payments on its debt are well covered by EBIT (3.7x coverage).

Balance Sheet

Discover healthy companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 00:07
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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

Shenzhen Kaizhong Precision Technology Co., Ltd. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Hao WangGuotai Junan Securities