Shenzhen Sinexcel ElectricLtd Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen Sinexcel ElectricLtd has a total shareholder equity of CN¥1.7B and total debt of CN¥214.6M, which brings its debt-to-equity ratio to 12.9%. Its total assets and total liabilities are CN¥3.4B and CN¥1.7B respectively. Shenzhen Sinexcel ElectricLtd's EBIT is CN¥430.9M making its interest coverage ratio 120. It has cash and short-term investments of CN¥592.4M.
Key information
12.9%
Debt to equity ratio
CN¥214.61m
Debt
| Interest coverage ratio | 120x |
| Cash | CN¥592.37m |
| Equity | CN¥1.66b |
| Total liabilities | CN¥1.69b |
| Total assets | CN¥3.35b |
Recent financial health updates
No updates
Recent updates
Solid Earnings May Not Tell The Whole Story For Shenzhen Sinexcel ElectricLtd (SZSE:300693)
Nov 02
We Think Shenzhen Sinexcel ElectricLtd (SZSE:300693) Might Have The DNA Of A Multi-Bagger
Sep 28A Piece Of The Puzzle Missing From Shenzhen Sinexcel Electric Co.,Ltd.'s (SZSE:300693) 31% Share Price Climb
Sep 27It's Down 26% But Shenzhen Sinexcel Electric Co.,Ltd. (SZSE:300693) Could Be Riskier Than It Looks
Jul 04Is Now The Time To Put Shenzhen Sinexcel ElectricLtd (SZSE:300693) On Your Watchlist?
Jun 20Concerns Surrounding Shenzhen Sinexcel ElectricLtd's (SZSE:300693) Performance
May 01Shenzhen Sinexcel Electric Co.,Ltd. (SZSE:300693) Shares Fly 29% But Investors Aren't Buying For Growth
Mar 06Investors Should Be Encouraged By Shenzhen Sinexcel ElectricLtd's (SZSE:300693) Returns On Capital
Feb 28Financial Position Analysis
Short Term Liabilities: 300693's short term assets (CN¥2.5B) exceed its short term liabilities (CN¥1.6B).
Long Term Liabilities: 300693's short term assets (CN¥2.5B) exceed its long term liabilities (CN¥117.0M).
Debt to Equity History and Analysis
Debt Level: 300693 has more cash than its total debt.
Reducing Debt: 300693's debt to equity ratio has increased from 11.2% to 12.9% over the past 5 years.
Debt Coverage: 300693's debt is well covered by operating cash flow (72.5%).
Interest Coverage: 300693's interest payments on its debt are well covered by EBIT (120x coverage).