Shenzhen FRD Science & Technology Co., Ltd.

SZSE:300602 Stock Report

Market Cap: CN¥11.1b

Shenzhen FRD Science & Technology Balance Sheet Health

Financial Health criteria checks 5/6

Shenzhen FRD Science & Technology has a total shareholder equity of CN¥3.9B and total debt of CN¥1.5B, which brings its debt-to-equity ratio to 38.6%. Its total assets and total liabilities are CN¥7.6B and CN¥3.7B respectively. Shenzhen FRD Science & Technology's EBIT is CN¥212.5M making its interest coverage ratio 11.2. It has cash and short-term investments of CN¥1.4B.

Key information

38.6%

Debt to equity ratio

CN¥1.50b

Debt

Interest coverage ratio11.2x
CashCN¥1.37b
EquityCN¥3.89b
Total liabilitiesCN¥3.70b
Total assetsCN¥7.59b

Recent financial health updates

We Think Shenzhen FRD Science & Technology (SZSE:300602) Can Stay On Top Of Its Debt

Nov 18
We Think Shenzhen FRD Science & Technology (SZSE:300602) Can Stay On Top Of Its Debt

Is Shenzhen FRD Science & Technology (SZSE:300602) A Risky Investment?

Aug 15
Is Shenzhen FRD Science & Technology (SZSE:300602) A Risky Investment?

These 4 Measures Indicate That Shenzhen FRD Science & Technology (SZSE:300602) Is Using Debt Extensively

Feb 27
These 4 Measures Indicate That Shenzhen FRD Science & Technology (SZSE:300602) Is Using Debt Extensively

Recent updates

We Think Shenzhen FRD Science & Technology (SZSE:300602) Can Stay On Top Of Its Debt

Nov 18
We Think Shenzhen FRD Science & Technology (SZSE:300602) Can Stay On Top Of Its Debt

Market Participants Recognise Shenzhen FRD Science & Technology Co., Ltd.'s (SZSE:300602) Earnings

Oct 06
Market Participants Recognise Shenzhen FRD Science & Technology Co., Ltd.'s (SZSE:300602) Earnings

Shenzhen FRD Science & Technology's (SZSE:300602) Earnings Offer More Than Meets The Eye

Aug 26
Shenzhen FRD Science & Technology's (SZSE:300602) Earnings Offer More Than Meets The Eye

Is Shenzhen FRD Science & Technology (SZSE:300602) A Risky Investment?

Aug 15
Is Shenzhen FRD Science & Technology (SZSE:300602) A Risky Investment?

Here's What's Concerning About Shenzhen FRD Science & Technology's (SZSE:300602) Returns On Capital

Jul 01
Here's What's Concerning About Shenzhen FRD Science & Technology's (SZSE:300602) Returns On Capital

Returns On Capital At Shenzhen FRD Science & Technology (SZSE:300602) Paint A Concerning Picture

Mar 25
Returns On Capital At Shenzhen FRD Science & Technology (SZSE:300602) Paint A Concerning Picture

Investors Still Aren't Entirely Convinced By Shenzhen FRD Science & Technology Co., Ltd.'s (SZSE:300602) Revenues Despite 34% Price Jump

Mar 01
Investors Still Aren't Entirely Convinced By Shenzhen FRD Science & Technology Co., Ltd.'s (SZSE:300602) Revenues Despite 34% Price Jump

These 4 Measures Indicate That Shenzhen FRD Science & Technology (SZSE:300602) Is Using Debt Extensively

Feb 27
These 4 Measures Indicate That Shenzhen FRD Science & Technology (SZSE:300602) Is Using Debt Extensively

Financial Position Analysis

Short Term Liabilities: 300602's short term assets (CN¥4.5B) exceed its short term liabilities (CN¥2.9B).

Long Term Liabilities: 300602's short term assets (CN¥4.5B) exceed its long term liabilities (CN¥792.4M).

Debt to Equity History and Analysis

Debt Level: 300602's net debt to equity ratio (3.3%) is considered satisfactory.

Reducing Debt: 300602's debt to equity ratio has increased from 16.9% to 38.6% over the past 5 years.

Debt Coverage: 300602's debt is well covered by operating cash flow (22%).

Interest Coverage: 300602's interest payments on its debt are well covered by EBIT (11.2x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 18:40
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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 FRD Science & Technology Co., Ltd. is covered by 6 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Feng GaoChina Galaxy Securities Co., Ltd.
You You LiuChina Stock Investment Research Co. Ltd. (GZ500..com)
Yayuan HuangCitic Securities Co., Ltd.