Shenzhen FRD Science & Technology Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen FRD Science & Technology has a total shareholder equity of CN¥3.9B and total debt of CN¥1.5B, which brings its debt-to-equity ratio to 38.6%. Its total assets and total liabilities are CN¥7.6B and CN¥3.7B respectively. Shenzhen FRD Science & Technology's EBIT is CN¥212.5M making its interest coverage ratio 11.2. It has cash and short-term investments of CN¥1.4B.
Key information
38.6%
Debt to equity ratio
CN¥1.50b
Debt
| Interest coverage ratio | 11.2x |
| Cash | CN¥1.37b |
| Equity | CN¥3.89b |
| Total liabilities | CN¥3.70b |
| Total assets | CN¥7.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300602's short term assets (CN¥4.5B) exceed its short term liabilities (CN¥2.9B).
Long Term Liabilities: 300602's short term assets (CN¥4.5B) exceed its long term liabilities (CN¥792.4M).
Debt to Equity History and Analysis
Debt Level: 300602's net debt to equity ratio (3.3%) is considered satisfactory.
Reducing Debt: 300602's debt to equity ratio has increased from 16.9% to 38.6% over the past 5 years.
Debt Coverage: 300602's debt is well covered by operating cash flow (22%).
Interest Coverage: 300602's interest payments on its debt are well covered by EBIT (11.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 20:27 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Shenzhen FRD Science & Technology Co., Ltd. is covered by 6 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Feng Gao | China Galaxy Securities Co., Ltd. |
| You You Liu | China Stock Investment Research Co. Ltd. (GZ500..com) |
| Yayuan Huang | Citic Securities Co., Ltd. |