Shanghai Emperor of Cleaning Hi-Tech Balance Sheet Health
Financial Health criteria checks 5/6
Shanghai Emperor of Cleaning Hi-Tech has a total shareholder equity of CN¥1.0B and total debt of CN¥272.5M, which brings its debt-to-equity ratio to 26.5%. Its total assets and total liabilities are CN¥1.6B and CN¥527.3M respectively. Shanghai Emperor of Cleaning Hi-Tech's EBIT is CN¥52.6M making its interest coverage ratio 2559.1. It has cash and short-term investments of CN¥181.5M.
Key information
26.5%
Debt to equity ratio
CN¥272.54m
Debt
| Interest coverage ratio | 2559.1x |
| Cash | CN¥181.51m |
| Equity | CN¥1.03b |
| Total liabilities | CN¥527.34m |
| Total assets | CN¥1.56b |
Recent financial health updates
No updates
Recent updates
Shanghai Emperor of Cleaning Hi-Tech Co., Ltd's (SHSE:603200) Popularity With Investors Is Clear
Jun 07
Returns 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¥929.5M) exceed its short term liabilities (CN¥471.2M).
Long Term Liabilities: 603200's short term assets (CN¥929.5M) exceed its long term liabilities (CN¥56.1M).
Debt to Equity History and Analysis
Debt Level: 603200's net debt to equity ratio (8.8%) is considered satisfactory.
Reducing Debt: 603200's debt to equity ratio has increased from 6.7% to 26.5% over the past 5 years.
Debt Coverage: 603200's debt is well covered by operating cash flow (36.9%).
Interest Coverage: 603200's interest payments on its debt are well covered by EBIT (2559.1x coverage).