Shenzhen Changhong Technology Balance Sheet Health
Financial Health criteria checks 4/6
Shenzhen Changhong Technology has a total shareholder equity of CN¥1.7B and total debt of CN¥608.3M, which brings its debt-to-equity ratio to 35.9%. Its total assets and total liabilities are CN¥2.5B and CN¥847.2M respectively. Shenzhen Changhong Technology's EBIT is CN¥28.6M making its interest coverage ratio 2.8. It has cash and short-term investments of CN¥755.1M.
Key information
35.9%
Debt to equity ratio
CN¥608.34m
Debt
| Interest coverage ratio | 2.8x |
| Cash | CN¥755.05m |
| Equity | CN¥1.69b |
| Total liabilities | CN¥847.23m |
| Total assets | CN¥2.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300151's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥291.8M).
Long Term Liabilities: 300151's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥555.4M).
Debt to Equity History and Analysis
Debt Level: 300151 has more cash than its total debt.
Reducing Debt: 300151's debt to equity ratio has increased from 0% to 35.9% over the past 5 years.
Debt Coverage: 300151's debt is well covered by operating cash flow (26.1%).
Interest Coverage: 300151's interest payments on its debt are not well covered by EBIT (2.8x coverage).