Shijiazhuang Tonhe Electronics TechnologiesLtd Balance Sheet Health
Financial Health criteria checks 4/6
Shijiazhuang Tonhe Electronics TechnologiesLtd has a total shareholder equity of CN¥1.1B and total debt of CN¥200.0M, which brings its debt-to-equity ratio to 17.7%. Its total assets and total liabilities are CN¥2.0B and CN¥850.3M respectively. Shijiazhuang Tonhe Electronics TechnologiesLtd's EBIT is CN¥96.6M making its interest coverage ratio 32.8. It has cash and short-term investments of CN¥156.3M.
Key information
17.7%
Debt to equity ratio
CN¥200.04m
Debt
Interest coverage ratio | 32.8x |
Cash | CN¥156.29m |
Equity | CN¥1.13b |
Total liabilities | CN¥850.31m |
Total assets | CN¥1.98b |
Recent financial health updates
No updates
Recent updates
Shijiazhuang Tonhe Electronics TechnologiesLtd (SZSE:300491) Strong Profits May Be Masking Some Underlying Issues
May 03Is Now The Time To Put Shijiazhuang Tonhe Electronics TechnologiesLtd (SZSE:300491) On Your Watchlist?
Apr 17Earnings Tell The Story For Shijiazhuang Tonhe Electronics Technologies Co.,Ltd. (SZSE:300491) As Its Stock Soars 27%
Mar 18Financial Position Analysis
Short Term Liabilities: 300491's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥789.3M).
Long Term Liabilities: 300491's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥61.1M).
Debt to Equity History and Analysis
Debt Level: 300491's net debt to equity ratio (3.9%) is considered satisfactory.
Reducing Debt: 300491's debt to equity ratio has increased from 1.7% to 17.7% over the past 5 years.
Debt Coverage: 300491's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 300491's interest payments on its debt are well covered by EBIT (32.8x coverage).