Shenzhen Changhong Technology Co., Ltd.

SZSE:300151 Stock Report

Market Cap: CN¥9.7b

Shenzhen Changhong Technology Balance Sheet Health

Financial Health criteria checks 4/6

Shenzhen Changhong Technology has a total shareholder equity of CN¥1.7B and total debt of CN¥635.8M, which brings its debt-to-equity ratio to 37.2%. Its total assets and total liabilities are CN¥2.6B and CN¥851.3M respectively. Shenzhen Changhong Technology's EBIT is CN¥8.4M making its interest coverage ratio 0.8. It has cash and short-term investments of CN¥838.3M.

Key information

37.2%

Debt to equity ratio

CN¥635.77m

Debt

Interest coverage ratio0.8x
CashCN¥838.30m
EquityCN¥1.71b
Total liabilitiesCN¥851.34m
Total assetsCN¥2.56b

Recent financial health updates

Recent updates

These 4 Measures Indicate That Shenzhen Changhong Technology (SZSE:300151) Is Using Debt Extensively

May 27
These 4 Measures Indicate That Shenzhen Changhong Technology (SZSE:300151) Is Using Debt Extensively

There's Reason For Concern Over Shenzhen Changhong Technology Co., Ltd.'s (SZSE:300151) Massive 28% Price Jump

Mar 07
There's Reason For Concern Over Shenzhen Changhong Technology Co., Ltd.'s (SZSE:300151) Massive 28% Price Jump

Financial Position Analysis

Short Term Liabilities: 300151's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥267.0M).

Long Term Liabilities: 300151's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥584.3M).


Debt to Equity History and Analysis

Debt Level: 300151 has more cash than its total debt.

Reducing Debt: 300151's debt to equity ratio has increased from 0% to 37.2% over the past 5 years.

Debt Coverage: 300151's debt is well covered by operating cash flow (37.8%).

Interest Coverage: 300151's interest payments on its debt are not well covered by EBIT (0.8x coverage).


Balance Sheet


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