Shanghai XFH Technology Balance Sheet Health
Financial Health criteria checks 2/6
Shanghai XFH Technology has a total shareholder equity of CN¥2.1B and total debt of CN¥1.5B, which brings its debt-to-equity ratio to 71.4%. Its total assets and total liabilities are CN¥4.3B and CN¥2.2B respectively. Shanghai XFH Technology's EBIT is CN¥97.4M making its interest coverage ratio 2.9. It has cash and short-term investments of CN¥438.7M.
Key information
71.4%
Debt to equity ratio
CN¥1.46b
Debt
| Interest coverage ratio | 2.9x |
| Cash | CN¥438.72m |
| Equity | CN¥2.05b |
| Total liabilities | CN¥2.25b |
| Total assets | CN¥4.30b |
Recent financial health updates
No updates
Recent updates
Shanghai XFH Technology Co., Ltd (SZSE:300890) Stock Rockets 32% As Investors Are Less Pessimistic Than Expected
Oct 26
Returns On Capital Signal Tricky Times Ahead For Shanghai XFH Technology (SZSE:300890)
Jun 07Weak Statutory Earnings May Not Tell The Whole Story For Shenzhen XFH TechnologyLtd (SZSE:300890)
Apr 24Shenzhen XFH Technology Co.,Ltd's (SZSE:300890) Shares Bounce 31% But Its Business Still Trails The Market
Mar 11Financial Position Analysis
Short Term Liabilities: 300890's short term assets (CN¥2.1B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 300890's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥1.1B).
Debt to Equity History and Analysis
Debt Level: 300890's net debt to equity ratio (50%) is considered high.
Reducing Debt: 300890's debt to equity ratio has increased from 11.9% to 71.4% over the past 5 years.
Debt Coverage: 300890's debt is not well covered by operating cash flow (19.2%).
Interest Coverage: 300890's interest payments on its debt are not well covered by EBIT (2.9x coverage).