Shenzhen Bestek Technology Balance Sheet Health
Financial Health criteria checks 6/6
Shenzhen Bestek Technology has a total shareholder equity of CN¥1.3B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.6B and CN¥279.9M respectively. Shenzhen Bestek Technology's EBIT is CN¥65.0M making its interest coverage ratio -8.9. It has cash and short-term investments of CN¥461.2M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -8.9x |
| Cash | CN¥461.17m |
| Equity | CN¥1.27b |
| Total liabilities | CN¥279.87m |
| Total assets | CN¥1.55b |
Recent financial health updates
No updates
Recent updates
Shenzhen Bestek Technology Co., Ltd. (SZSE:300822) Stock Rockets 34% As Investors Are Less Pessimistic Than Expected
Oct 18
Shenzhen Bestek Technology (SZSE:300822) Is Reinvesting At Lower Rates Of Return
Sep 29Risks Still Elevated At These Prices As Shenzhen Bestek Technology Co., Ltd. (SZSE:300822) Shares Dive 29%
Jul 14Shenzhen Bestek Technology (SZSE:300822) Has Announced That Its Dividend Will Be Reduced To CN¥0.10
Jun 05Shenzhen Bestek Technology Co., Ltd.'s (SZSE:300822) 25% Price Boost Is Out Of Tune With Earnings
May 21Shenzhen Bestek Technology (SZSE:300822) Is Posting Promising Earnings But The Good News Doesn’t Stop There
Apr 26Here's What's Concerning About Shenzhen Bestek Technology's (SZSE:300822) Returns On Capital
Apr 16What Shenzhen Bestek Technology Co., Ltd.'s (SZSE:300822) 32% Share Price Gain Is Not Telling You
Mar 06Financial Position Analysis
Short Term Liabilities: 300822's short term assets (CN¥905.3M) exceed its short term liabilities (CN¥251.6M).
Long Term Liabilities: 300822's short term assets (CN¥905.3M) exceed its long term liabilities (CN¥28.3M).
Debt to Equity History and Analysis
Debt Level: 300822 is debt free.
Reducing Debt: 300822 has no debt compared to 5 years ago when its debt to equity ratio was 0.6%.
Debt Coverage: 300822 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 300822 has no debt, therefore 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 | 2024/12/23 14:01 |
| End of Day Share Price | 2024/12/23 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
Shenzhen Bestek Technology Co., Ltd. is covered by 0 analysts. 0 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 |
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