Tecnon Electronics Balance Sheet Health
Financial Health criteria checks 5/6
Tecnon Electronics has a total shareholder equity of CN¥1.2B and total debt of CN¥340.5M, which brings its debt-to-equity ratio to 27.6%. Its total assets and total liabilities are CN¥2.1B and CN¥822.9M respectively. Tecnon Electronics's EBIT is CN¥64.4M making its interest coverage ratio 11.3. It has cash and short-term investments of CN¥343.8M.
Key information
27.6%
Debt to equity ratio
CN¥340.47m
Debt
| Interest coverage ratio | 11.3x |
| Cash | CN¥343.76m |
| Equity | CN¥1.23b |
| Total liabilities | CN¥822.89m |
| Total assets | CN¥2.06b |
Recent financial health updates
No updates
Recent updates
We Think Tecnon Electronics' (SZSE:300650) Robust Earnings Are Conservative
Nov 04
Subdued Growth No Barrier To Tecnon Electronics Co., Ltd. (SZSE:300650) With Shares Advancing 39%
Oct 08Tecnon Electronics' (SZSE:300650) Solid Earnings Have Been Accounted For Conservatively
May 02Some Confidence Is Lacking In Tecnon Electronics Co., Ltd. (SZSE:300650) As Shares Slide 27%
Apr 23Tecnon Electronics Co., Ltd.'s (SZSE:300650) Shares Climb 29% But Its Business Is Yet to Catch Up
Mar 06Financial Position Analysis
Short Term Liabilities: 300650's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥642.9M).
Long Term Liabilities: 300650's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥180.0M).
Debt to Equity History and Analysis
Debt Level: 300650 has more cash than its total debt.
Reducing Debt: 300650's debt to equity ratio has increased from 24.3% to 27.6% over the past 5 years.
Debt Coverage: 300650's debt is well covered by operating cash flow (163.6%).
Interest Coverage: 300650's interest payments on its debt are well covered by EBIT (11.3x coverage).