Shenzhen Maxonic Automation Control Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen Maxonic Automation Control has a total shareholder equity of CN¥1.2B and total debt of CN¥225.3M, which brings its debt-to-equity ratio to 18.7%. Its total assets and total liabilities are CN¥1.7B and CN¥538.7M respectively. Shenzhen Maxonic Automation Control's EBIT is CN¥77.1M making its interest coverage ratio 6. It has cash and short-term investments of CN¥207.1M.
Key information
18.7%
Debt to equity ratio
CN¥225.34m
Debt
| Interest coverage ratio | 6x |
| Cash | CN¥207.08m |
| Equity | CN¥1.21b |
| Total liabilities | CN¥538.67m |
| Total assets | CN¥1.75b |
Recent financial health updates
No updates
Recent updates
Subdued Growth No Barrier To Shenzhen Maxonic Automation Control Co., Ltd. (SZSE:300112) With Shares Advancing 41%
Oct 08
Shenzhen Maxonic Automation Control (SZSE:300112) Has Some Way To Go To Become A Multi-Bagger
Aug 02Shenzhen Maxonic Automation Control (SZSE:300112) Is Due To Pay A Dividend Of CN¥0.20
Jun 16Shenzhen Maxonic Automation Control Co., Ltd.'s (SZSE:300112) Share Price Not Quite Adding Up
Jun 06Shenzhen Maxonic Automation Control Co., Ltd.'s (SZSE:300112) 30% Share Price Surge Not Quite Adding Up
Mar 07Financial Position Analysis
Short Term Liabilities: 300112's short term assets (CN¥1.0B) exceed its short term liabilities (CN¥322.4M).
Long Term Liabilities: 300112's short term assets (CN¥1.0B) exceed its long term liabilities (CN¥216.2M).
Debt to Equity History and Analysis
Debt Level: 300112's net debt to equity ratio (1.5%) is considered satisfactory.
Reducing Debt: 300112's debt to equity ratio has increased from 0.9% to 18.7% over the past 5 years.
Debt Coverage: 300112's debt is well covered by operating cash flow (33.4%).
Interest Coverage: 300112's interest payments on its debt are well covered by EBIT (6x coverage).