Shanghai Emperor of Cleaning Hi-Tech Balance Sheet Health
Financial Health criteria checks 4/6
Shanghai Emperor of Cleaning Hi-Tech has a total shareholder equity of CN¥1.0B and total debt of CN¥300.8M, which brings its debt-to-equity ratio to 29.3%. Its total assets and total liabilities are CN¥1.6B and CN¥576.0M respectively. Shanghai Emperor of Cleaning Hi-Tech's EBIT is CN¥51.6M making its interest coverage ratio -25.1. It has cash and short-term investments of CN¥181.4M.
Key information
29.3%
Debt to equity ratio
CN¥300.82m
Debt
| Interest coverage ratio | -25.1x |
| Cash | CN¥181.43m |
| Equity | CN¥1.03b |
| Total liabilities | CN¥576.04m |
| Total assets | CN¥1.60b |
Recent financial health updates
No updates
Recent updates
Why Investors Shouldn't Be Surprised By Shanghai Emperor of Cleaning Hi-Tech Co., Ltd's (SHSE:603200) 36% Share Price Surge
Nov 18
Impressive Earnings May Not Tell The Whole Story For Shanghai Emperor of Cleaning Hi-Tech (SHSE:603200)
Nov 05Shanghai Emperor of Cleaning Hi-Tech (SHSE:603200) Could Be Struggling To Allocate Capital
Sep 30Shanghai Emperor of Cleaning Hi-Tech Co., Ltd's (SHSE:603200) Popularity With Investors Is Clear
Jun 07Returns On Capital Signal Tricky Times Ahead For Shanghai Emperor of Cleaning Hi-Tech (SHSE:603200)
May 14Why Shanghai Emperor of Cleaning Hi-Tech's (SHSE:603200) Shaky Earnings Are Just The Beginning Of Its Problems
Mar 25Market Participants Recognise Shanghai Emperor of Cleaning Hi-Tech Co., Ltd's (SHSE:603200) Revenues Pushing Shares 31% Higher
Mar 07Financial Position Analysis
Short Term Liabilities: 603200's short term assets (CN¥963.5M) exceed its short term liabilities (CN¥518.4M).
Long Term Liabilities: 603200's short term assets (CN¥963.5M) exceed its long term liabilities (CN¥57.6M).
Debt to Equity History and Analysis
Debt Level: 603200's net debt to equity ratio (11.6%) is considered satisfactory.
Reducing Debt: 603200's debt to equity ratio has increased from 11.4% to 29.3% over the past 5 years.
Debt Coverage: 603200's debt is not well covered by operating cash flow (18.1%).
Interest Coverage: 603200 earns more interest than it pays, so coverage of interest payments is not a concern.