Shenzhen Sosen ElectronicsLtd Balance Sheet Health
Financial Health criteria checks 3/6
Shenzhen Sosen ElectronicsLtd has a total shareholder equity of CN¥813.1M and total debt of CN¥350.3M, which brings its debt-to-equity ratio to 43.1%. Its total assets and total liabilities are CN¥1.5B and CN¥709.1M respectively.
Key information
43.1%
Debt to equity ratio
CN¥350.28m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥149.14m |
| Equity | CN¥813.05m |
| Total liabilities | CN¥709.06m |
| Total assets | CN¥1.52b |
Recent financial health updates
No updates
Recent updates
Shenzhen Sosen ElectronicsLtd's (SZSE:301002) Profits May Not Reveal Underlying Issues
Nov 04
Investor Optimism Abounds Shenzhen Sosen Electronics Co.,Ltd. (SZSE:301002) But Growth Is Lacking
Jun 07Shenzhen Sosen ElectronicsLtd's (SZSE:301002) Shareholders Have More To Worry About Than Only Soft Earnings
May 01Subdued Growth No Barrier To Shenzhen Sosen Electronics Co.,Ltd. (SZSE:301002) With Shares Advancing 33%
Mar 08Shenzhen Sosen ElectronicsLtd (SZSE:301002) Might Be Having Difficulty Using Its Capital Effectively
Feb 27Financial Position Analysis
Short Term Liabilities: 301002's short term assets (CN¥845.0M) exceed its short term liabilities (CN¥357.7M).
Long Term Liabilities: 301002's short term assets (CN¥845.0M) exceed its long term liabilities (CN¥351.3M).
Debt to Equity History and Analysis
Debt Level: 301002's net debt to equity ratio (24.7%) is considered satisfactory.
Reducing Debt: 301002's debt to equity ratio has increased from 1.2% to 43.1% over the past 5 years.
Debt Coverage: 301002's debt is not well covered by operating cash flow (15.3%).
Interest Coverage: Insufficient data to determine if 301002's interest payments on its debt are well covered by EBIT.