Shenzhen Yinghe Technology Balance Sheet Health
Financial Health criteria checks 6/6
Shenzhen Yinghe Technology has a total shareholder equity of CN¥6.8B and total debt of CN¥31.5M, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are CN¥16.6B and CN¥9.8B respectively. Shenzhen Yinghe Technology's EBIT is CN¥1.3B making its interest coverage ratio -40. It has cash and short-term investments of CN¥2.4B.
Key information
0.5%
Debt to equity ratio
CN¥31.52m
Debt
Interest coverage ratio | -40x |
Cash | CN¥2.38b |
Equity | CN¥6.79b |
Total liabilities | CN¥9.83b |
Total assets | CN¥16.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300457's short term assets (CN¥13.7B) exceed its short term liabilities (CN¥9.7B).
Long Term Liabilities: 300457's short term assets (CN¥13.7B) exceed its long term liabilities (CN¥109.5M).
Debt to Equity History and Analysis
Debt Level: 300457 has more cash than its total debt.
Reducing Debt: 300457's debt to equity ratio has reduced from 26.5% to 0.5% over the past 5 years.
Debt Coverage: 300457's debt is well covered by operating cash flow (4272.3%).
Interest Coverage: 300457 earns more interest than it pays, so coverage of interest payments is not a concern.