Xi'an Sinofuse Electric Co., Ltd.

XSEC:301031 Stock Report

Market Cap: CN¥7.2b

Xi'an Sinofuse Electric Balance Sheet Health

Financial Health criteria checks 5/6

Xi'an Sinofuse Electric has a total shareholder equity of CN¥1.1B and total debt of CN¥282.0M, which brings its debt-to-equity ratio to 26%. Its total assets and total liabilities are CN¥1.9B and CN¥844.7M respectively. Xi'an Sinofuse Electric's EBIT is CN¥176.8M making its interest coverage ratio 29.1. It has cash and short-term investments of CN¥205.5M.

Key information

26.0%

Debt to equity ratio

CN¥282.03m

Debt

Interest coverage ratio29.1x
CashCN¥205.51m
EquityCN¥1.09b
Total liabilitiesCN¥844.72m
Total assetsCN¥1.93b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 301031's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥839.3M).

Long Term Liabilities: 301031's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥5.5M).


Debt to Equity History and Analysis

Debt Level: 301031's net debt to equity ratio (7%) is considered satisfactory.

Reducing Debt: 301031's debt to equity ratio has increased from 0% to 26% over the past 5 years.

Debt Coverage: 301031's debt is well covered by operating cash flow (60.2%).

Interest Coverage: 301031's interest payments on its debt are well covered by EBIT (29.1x coverage).


Balance Sheet


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