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¥635.8M, which brings its debt-to-equity ratio to 37.2%. Its total assets and total liabilities are CN¥2.6B and CN¥851.3M respectively. Shenzhen Changhong Technology's EBIT is CN¥8.4M making its interest coverage ratio 0.8. It has cash and short-term investments of CN¥838.3M.
Key information
37.2%
Debt to equity ratio
CN¥635.77m
Debt
Interest coverage ratio | 0.8x |
Cash | CN¥838.30m |
Equity | CN¥1.71b |
Total liabilities | CN¥851.34m |
Total assets | CN¥2.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300151's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥267.0M).
Long Term Liabilities: 300151's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥584.3M).
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 37.2% over the past 5 years.
Debt Coverage: 300151's debt is well covered by operating cash flow (37.8%).
Interest Coverage: 300151's interest payments on its debt are not well covered by EBIT (0.8x coverage).