Beijing SOJO Electric Balance Sheet Health
Financial Health criteria checks 3/6
Beijing SOJO Electric has a total shareholder equity of CN¥1.7B and total debt of CN¥867.5M, which brings its debt-to-equity ratio to 51.8%. Its total assets and total liabilities are CN¥5.3B and CN¥3.6B respectively. Beijing SOJO Electric's EBIT is CN¥250.1M making its interest coverage ratio 2.8. It has cash and short-term investments of CN¥313.4M.
Key information
51.8%
Debt to equity ratio
CN¥867.54m
Debt
| Interest coverage ratio | 2.8x |
| Cash | CN¥313.38m |
| Equity | CN¥1.67b |
| Total liabilities | CN¥3.60b |
| Total assets | CN¥5.28b |
Recent financial health updates
Recent updates
Beijing SOJO Electric Co., Ltd.'s (SZSE:300444) Shares Leap 25% Yet They're Still Not Telling The Full Story
May 21
Beijing SOJO Electric's (SZSE:300444) Earnings Are Weaker Than They Seem
Apr 29Is Beijing SOJO Electric (SZSE:300444) Using Too Much Debt?
Mar 04Even With A 25% Surge, Cautious Investors Are Not Rewarding Beijing SOJO Electric Co., Ltd.'s (SZSE:300444) Performance Completely
Mar 04Financial Position Analysis
Short Term Liabilities: 300444's short term assets (CN¥3.2B) exceed its short term liabilities (CN¥2.7B).
Long Term Liabilities: 300444's short term assets (CN¥3.2B) exceed its long term liabilities (CN¥856.8M).
Debt to Equity History and Analysis
Debt Level: 300444's net debt to equity ratio (33.1%) is considered satisfactory.
Reducing Debt: 300444's debt to equity ratio has increased from 41.1% to 51.8% over the past 5 years.
Debt Coverage: 300444's debt is not well covered by operating cash flow (13.5%).
Interest Coverage: 300444's interest payments on its debt are not well covered by EBIT (2.8x coverage).