Shenzhen Increase Technology Balance Sheet Health
Financial Health criteria checks 3/6
Shenzhen Increase Technology has a total shareholder equity of CN¥596.7M and total debt of CN¥124.7M, which brings its debt-to-equity ratio to 20.9%. Its total assets and total liabilities are CN¥986.1M and CN¥389.3M respectively.
Key information
20.9%
Debt to equity ratio
CN¥124.75m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥82.02m |
| Equity | CN¥596.74m |
| Total liabilities | CN¥389.33m |
| Total assets | CN¥986.06m |
Recent financial health updates
No updates
Recent updates
Shenzhen Increase Technology Co., Ltd.'s (SZSE:300713) Shares Climb 26% But Its Business Is Yet to Catch Up
Oct 01
Shenzhen Increase Technology Co., Ltd.'s (SZSE:300713) Shares Climb 33% But Its Business Is Yet to Catch Up
Jul 12Shenzhen 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¥396.8M) exceed its short term liabilities (CN¥277.4M).
Long Term Liabilities: 300713's short term assets (CN¥396.8M) exceed its long term liabilities (CN¥111.9M).
Debt to Equity History and Analysis
Debt Level: 300713's net debt to equity ratio (7.2%) is considered satisfactory.
Reducing Debt: 300713's debt to equity ratio has increased from 5.6% to 20.9% over the past 5 years.
Debt Coverage: 300713's debt is not well covered by operating cash flow (9.3%).
Interest Coverage: Insufficient data to determine if 300713's interest payments on its debt are well covered by EBIT.