Shenzhen Yinghe Technology Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen Yinghe Technology has a total shareholder equity of CN¥6.8B and total debt of CN¥155.4M, which brings its debt-to-equity ratio to 2.3%. Its total assets and total liabilities are CN¥14.6B and CN¥7.7B respectively. Shenzhen Yinghe Technology's EBIT is CN¥1.2B making its interest coverage ratio -33.2. It has cash and short-term investments of CN¥1.4B.
Key information
2.3%
Debt to equity ratio
CN¥155.44m
Debt
| Interest coverage ratio | -33.2x |
| Cash | CN¥1.43b |
| Equity | CN¥6.84b |
| Total liabilities | CN¥7.72b |
| Total assets | CN¥14.55b |
Recent financial health updates
Recent updates
Even With A 50% Surge, Cautious Investors Are Not Rewarding Shenzhen Yinghe Technology Co., Ltd's (SZSE:300457) Performance Completely
Nov 11
Shenzhen Yinghe Technology Co., Ltd (SZSE:300457) Soars 27% But It's A Story Of Risk Vs Reward
Sep 27Shenzhen Yinghe Technology Co., Ltd's (SZSE:300457) Shares Not Telling The Full Story
Jul 12These 4 Measures Indicate That Shenzhen Yinghe Technology (SZSE:300457) Is Using Debt Reasonably Well
Jun 20We Think Shenzhen Yinghe Technology's (SZSE:300457) Robust Earnings Are Conservative
May 03Shenzhen Yinghe Technology (SZSE:300457) Might Have The Makings Of A Multi-Bagger
Apr 17Why Investors Shouldn't Be Surprised By Shenzhen Yinghe Technology Co., Ltd's (SZSE:300457) Low P/E
Mar 26Financial Position Analysis
Short Term Liabilities: 300457's short term assets (CN¥11.6B) exceed its short term liabilities (CN¥7.7B).
Long Term Liabilities: 300457's short term assets (CN¥11.6B) exceed its long term liabilities (CN¥62.5M).
Debt to Equity History and Analysis
Debt Level: 300457 has more cash than its total debt.
Reducing Debt: 300457's debt to equity ratio has reduced from 23.7% to 2.3% over the past 5 years.
Debt Coverage: 300457's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 300457 earns more interest than it pays, so coverage of interest payments is not a concern.