Shenzhen Han's CNC Technology Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen Han's CNC Technology has a total shareholder equity of CN¥4.8B and total debt of CN¥568.5M, which brings its debt-to-equity ratio to 11.9%. Its total assets and total liabilities are CN¥6.7B and CN¥1.9B respectively. Shenzhen Han's CNC Technology's EBIT is CN¥75.2M making its interest coverage ratio -1.8. It has cash and short-term investments of CN¥2.2B.
Key information
11.9%
Debt to equity ratio
CN¥568.54m
Debt
Interest coverage ratio | -1.8x |
Cash | CN¥2.22b |
Equity | CN¥4.79b |
Total liabilities | CN¥1.89b |
Total assets | CN¥6.68b |
Recent financial health updates
Recent updates
Capital Allocation Trends At Shenzhen Han's CNC Technology (SZSE:301200) Aren't Ideal
Jun 25Shenzhen Han's CNC Technology's (SZSE:301200) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Apr 24These 4 Measures Indicate That Shenzhen Han's CNC Technology (SZSE:301200) Is Using Debt Reasonably Well
Mar 26Financial Position Analysis
Short Term Liabilities: 301200's short term assets (CN¥5.4B) exceed its short term liabilities (CN¥1.8B).
Long Term Liabilities: 301200's short term assets (CN¥5.4B) exceed its long term liabilities (CN¥62.7M).
Debt to Equity History and Analysis
Debt Level: 301200 has more cash than its total debt.
Reducing Debt: 301200's debt to equity ratio has increased from 1.8% to 11.9% over the past 5 years.
Debt Coverage: 301200's debt is well covered by operating cash flow (65.5%).
Interest Coverage: 301200 earns more interest than it pays, so coverage of interest payments is not a concern.