Shenzhen Increase Technology Balance Sheet Health
Financial Health criteria checks 3/6
Shenzhen Increase Technology has a total shareholder equity of CN¥636.1M and total debt of CN¥102.6M, which brings its debt-to-equity ratio to 16.1%. Its total assets and total liabilities are CN¥983.4M and CN¥347.3M respectively.
Key information
16.1%
Debt to equity ratio
CN¥102.56m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥85.60m |
| Equity | CN¥636.13m |
| Total liabilities | CN¥347.26m |
| Total assets | CN¥983.40m |
Recent financial health updates
No updates
Recent updates
Shenzhen Increase Technology Co., Ltd.'s (SZSE:300713) Shares Climb 33% But Its Business Is Yet to Catch Up
Jul 12
Shenzhen Increase Technology Co., Ltd.'s (SZSE:300713) 25% Share Price Plunge Could Signal Some Risk
Apr 16Risks To Shareholder Returns Are Elevated At These Prices For Shenzhen Increase Technology Co., Ltd. (SZSE:300713)
Mar 01Financial Position Analysis
Short Term Liabilities: 300713's short term assets (CN¥434.2M) exceed its short term liabilities (CN¥270.0M).
Long Term Liabilities: 300713's short term assets (CN¥434.2M) exceed its long term liabilities (CN¥77.3M).
Debt to Equity History and Analysis
Debt Level: 300713's net debt to equity ratio (2.7%) is considered satisfactory.
Reducing Debt: 300713's debt to equity ratio has increased from 7% to 16.1% over the past 5 years.
Debt Coverage: 300713's debt is not well covered by operating cash flow (1.2%).
Interest Coverage: Insufficient data to determine if 300713's interest payments on its debt are well covered by EBIT.