Guangdong Shenling Environmental Systems Balance Sheet Health
Financial Health criteria checks 5/6
Guangdong Shenling Environmental Systems has a total shareholder equity of CN¥2.6B and total debt of CN¥718.2M, which brings its debt-to-equity ratio to 27.8%. Its total assets and total liabilities are CN¥5.2B and CN¥2.6B respectively. Guangdong Shenling Environmental Systems's EBIT is CN¥86.0M making its interest coverage ratio 9.7. It has cash and short-term investments of CN¥703.5M.
Key information
27.8%
Debt to equity ratio
CN¥718.18m
Debt
| Interest coverage ratio | 9.7x |
| Cash | CN¥703.46m |
| Equity | CN¥2.58b |
| Total liabilities | CN¥2.63b |
| Total assets | CN¥5.21b |
Recent financial health updates
No updates
Recent updates
Earnings Tell The Story For Guangdong Shenling Environmental Systems Co., Ltd. (SZSE:301018) As Its Stock Soars 36%
Oct 18
We Think That There Are More Issues For Guangdong Shenling Environmental Systems (SZSE:301018) Than Just Sluggish Earnings
Sep 06Guangdong Shenling Environmental Systems' (SZSE:301018) Dividend Is Being Reduced To CN¥0.16
May 27Guangdong Shenling Environmental Systems (SZSE:301018) Might Be Having Difficulty Using Its Capital Effectively
Mar 25Is Guangdong Shenling Environmental Systems Co., Ltd. (SZSE:301018) Trading At A 34% Discount?
Feb 27Financial Position Analysis
Short Term Liabilities: 301018's short term assets (CN¥3.5B) exceed its short term liabilities (CN¥2.0B).
Long Term Liabilities: 301018's short term assets (CN¥3.5B) exceed its long term liabilities (CN¥633.7M).
Debt to Equity History and Analysis
Debt Level: 301018's net debt to equity ratio (0.6%) is considered satisfactory.
Reducing Debt: 301018's debt to equity ratio has reduced from 41.4% to 27.8% over the past 5 years.
Debt Coverage: 301018's debt is not well covered by operating cash flow (16.1%).
Interest Coverage: 301018's interest payments on its debt are well covered by EBIT (9.7x coverage).