Xi'an Sinofuse Electric Balance Sheet Health
Financial Health criteria checks 5/6
Xi'an Sinofuse Electric has a total shareholder equity of CN¥1.1B and total debt of CN¥282.0M, which brings its debt-to-equity ratio to 26%. Its total assets and total liabilities are CN¥1.9B and CN¥844.7M respectively. Xi'an Sinofuse Electric's EBIT is CN¥176.8M making its interest coverage ratio 29.1. It has cash and short-term investments of CN¥205.5M.
Key information
26.0%
Debt to equity ratio
CN¥282.03m
Debt
| Interest coverage ratio | 29.1x |
| Cash | CN¥205.51m |
| Equity | CN¥1.09b |
| Total liabilities | CN¥844.72m |
| Total assets | CN¥1.93b |
Recent financial health updates
Recent updates
Why Investors Shouldn't Be Surprised By Xi'an Sinofuse Electric Co., Ltd.'s (SZSE:301031) 51% Share Price Surge
Oct 09
Xi'an Sinofuse Electric's (SZSE:301031) Dividend Will Be CN¥0.60
Jul 12Xi'an Sinofuse Electric Co., Ltd. (SZSE:301031) Not Flying Under The Radar
Jun 21Here's Why Xi'an Sinofuse Electric (SZSE:301031) Has A Meaningful Debt Burden
May 22Xi'an Sinofuse Electric's (SZSE:301031) Shareholders Have More To Worry About Than Only Soft Earnings
Apr 30Xi'an Sinofuse Electric (SZSE:301031) Hasn't Managed To Accelerate Its Returns
Mar 25Financial Position Analysis
Short Term Liabilities: 301031's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥839.3M).
Long Term Liabilities: 301031's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥5.5M).
Debt to Equity History and Analysis
Debt Level: 301031's net debt to equity ratio (7%) is considered satisfactory.
Reducing Debt: 301031's debt to equity ratio has increased from 0% to 26% over the past 5 years.
Debt Coverage: 301031's debt is well covered by operating cash flow (60.2%).
Interest Coverage: 301031's interest payments on its debt are well covered by EBIT (29.1x coverage).