Shandong Shuangyi Technology Balance Sheet Health
Financial Health criteria checks 6/6
Shandong Shuangyi Technology has a total shareholder equity of CN¥1.4B 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¥1.8B and CN¥366.0M respectively. Shandong Shuangyi Technology's EBIT is CN¥85.4M making its interest coverage ratio -7.8. It has cash and short-term investments of CN¥439.9M.
Key information
1.4%
Debt to equity ratio
CN¥20.00m
Debt
| Interest coverage ratio | -7.8x |
| Cash | CN¥439.92m |
| Equity | CN¥1.43b |
| Total liabilities | CN¥365.98m |
| Total assets | CN¥1.79b |
Recent financial health updates
No updates
Recent updates
Shandong Shuangyi Technology Co., Ltd.'s (SZSE:300690) Popularity With Investors Under Threat As Stock Sinks 32%
Jun 07
Downgrade: 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¥1.2B) exceed its short term liabilities (CN¥335.3M).
Long Term Liabilities: 300690's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥30.7M).
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 reduced from 1.5% to 1.4% over the past 5 years.
Debt Coverage: 300690's debt is well covered by operating cash flow (484.9%).
Interest Coverage: 300690 earns more interest than it pays, so coverage of interest payments is not a concern.