Shenzhen Changhong Technology Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen Changhong Technology has a total shareholder equity of CN¥1.7B and total debt of CN¥613.3M, which brings its debt-to-equity ratio to 36.1%. Its total assets and total liabilities are CN¥2.6B and CN¥853.1M respectively. Shenzhen Changhong Technology's EBIT is CN¥56.5M making its interest coverage ratio 9.3. It has cash and short-term investments of CN¥682.3M.
Key information
36.1%
Debt to equity ratio
CN¥613.29m
Debt
| Interest coverage ratio | 9.3x |
| Cash | CN¥682.34m |
| Equity | CN¥1.70b |
| Total liabilities | CN¥853.12m |
| Total assets | CN¥2.55b |
Recent financial health updates
Here's Why Shenzhen Changhong Technology (SZSE:300151) Has A Meaningful Debt Burden
Sep 12
These 4 Measures Indicate That Shenzhen Changhong Technology (SZSE:300151) Is Using Debt Extensively
May 27Recent updates
What Shenzhen Changhong Technology Co., Ltd.'s (SZSE:300151) 32% Share Price Gain Is Not Telling You
Nov 15Returns On Capital Signal Tricky Times Ahead For Shenzhen Changhong Technology (SZSE:300151)
Oct 18Shenzhen Changhong Technology Co., Ltd.'s (SZSE:300151) Price In Tune With Revenues
Oct 01Here's Why Shenzhen Changhong Technology (SZSE:300151) Has A Meaningful Debt Burden
Sep 12Shaky Earnings May Not Tell The Whole Story For Shenzhen Changhong Technology (SZSE:300151)
Aug 19These 4 Measures Indicate That Shenzhen Changhong Technology (SZSE:300151) Is Using Debt Extensively
May 27There's Reason For Concern Over Shenzhen Changhong Technology Co., Ltd.'s (SZSE:300151) Massive 28% Price Jump
Mar 07Financial Position Analysis
Short Term Liabilities: 300151's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥298.3M).
Long Term Liabilities: 300151's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥554.8M).
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 36.1% over the past 5 years.
Debt Coverage: 300151's debt is well covered by operating cash flow (26.9%).
Interest Coverage: 300151's interest payments on its debt are well covered by EBIT (9.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 12:58 |
| End of Day Share Price | 2024/12/25 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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 Changhong Technology Co., Ltd. is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kai Wang | Citic Securities Co., Ltd. |
| Wen Liang Cui | Founder Securities Co., Ltd. |