Shandong Shuangyi Technology Balance Sheet Health
Financial Health criteria checks 5/6
Shandong Shuangyi Technology has a total shareholder equity of CN¥1.5B and total debt of CN¥20.0M, which brings its debt-to-equity ratio to 1.4%. Its total assets and total liabilities are CN¥1.9B and CN¥400.8M respectively. Shandong Shuangyi Technology's EBIT is CN¥77.0M making its interest coverage ratio -37.1. It has cash and short-term investments of CN¥472.6M.
Key information
1.4%
Debt to equity ratio
CN¥20.00m
Debt
| Interest coverage ratio | -37.1x |
| Cash | CN¥472.65m |
| Equity | CN¥1.45b |
| Total liabilities | CN¥400.80m |
| Total assets | CN¥1.85b |
Recent financial health updates
No updates
Recent updates
Shandong Shuangyi Technology (SZSE:300690) Might Be Having Difficulty Using Its Capital Effectively
Nov 15
Market Participants Recognise Shandong Shuangyi Technology Co., Ltd.'s (SZSE:300690) Earnings Pushing Shares 51% Higher
Oct 08Shandong Shuangyi Technology Co., Ltd.'s (SZSE:300690) Popularity With Investors Under Threat As Stock Sinks 32%
Jun 07Downgrade: Here's How This Analyst Sees Shandong Shuangyi Technology Co., Ltd. (SZSE:300690) Performing In The Near Term
May 29Market Participants Recognise Shandong Shuangyi Technology Co., Ltd.'s (SZSE:300690) Earnings Pushing Shares 39% Higher
Apr 22Shandong Shuangyi Technology (SZSE:300690) Hasn't Managed To Accelerate Its Returns
Apr 10Shandong Shuangyi Technology Co., Ltd. (SZSE:300690) Surges 30% Yet Its Low P/E Is No Reason For Excitement
Mar 06Financial Position Analysis
Short Term Liabilities: 300690's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥371.3M).
Long Term Liabilities: 300690's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥29.5M).
Debt to Equity History and Analysis
Debt Level: 300690 has more cash than its total debt.
Reducing Debt: 300690's debt to equity ratio has increased from 0.6% to 1.4% over the past 5 years.
Debt Coverage: 300690's debt is well covered by operating cash flow (475.6%).
Interest Coverage: 300690 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 19:05 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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
Shandong Shuangyi Technology Co., Ltd. is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Zhe Wang | Citic Securities Co., Ltd. |
| Wei Liu | Haitong International Research Limited |