Shanghai Weihong Electronic Technology Balance Sheet Health
Financial Health criteria checks 6/6
Shanghai Weihong Electronic Technology has a total shareholder equity of CN¥757.1M and total debt of CN¥7.1M, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are CN¥878.6M and CN¥121.5M respectively. Shanghai Weihong Electronic Technology's EBIT is CN¥43.6M making its interest coverage ratio 14.8. It has cash and short-term investments of CN¥202.4M.
Key information
0.9%
Debt to equity ratio
CN¥7.11m
Debt
| Interest coverage ratio | 14.8x |
| Cash | CN¥202.44m |
| Equity | CN¥757.12m |
| Total liabilities | CN¥121.48m |
| Total assets | CN¥878.60m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300508's short term assets (CN¥417.4M) exceed its short term liabilities (CN¥119.1M).
Long Term Liabilities: 300508's short term assets (CN¥417.4M) exceed its long term liabilities (CN¥2.4M).
Debt to Equity History and Analysis
Debt Level: 300508 has more cash than its total debt.
Reducing Debt: 300508's debt to equity ratio has reduced from 9.5% to 0.9% over the past 5 years.
Debt Coverage: 300508's debt is well covered by operating cash flow (1058.7%).
Interest Coverage: 300508's interest payments on its debt are well covered by EBIT (14.8x coverage).