Shanghai National Center of Testing and Inspection for Electric Cable and Wire Balance Sheet Health
Financial Health criteria checks 5/6
Shanghai National Center of Testing and Inspection for Electric Cable and Wire has a total shareholder equity of CN¥1.0B and total debt of CN¥3.4M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are CN¥1.2B and CN¥220.1M respectively. Shanghai National Center of Testing and Inspection for Electric Cable and Wire's EBIT is CN¥82.3M making its interest coverage ratio -17.3. It has cash and short-term investments of CN¥690.4M.
Key information
0.3%
Debt to equity ratio
CN¥3.44m
Debt
| Interest coverage ratio | -17.3x |
| Cash | CN¥690.40m |
| Equity | CN¥1.03b |
| Total liabilities | CN¥220.07m |
| Total assets | CN¥1.25b |
Recent financial health updates
No updates
Recent updates
There Are Reasons To Feel Uneasy About Shanghai National Center of Testing and Inspection for Electric Cable and Wire's (SZSE:301289) Returns On Capital
Oct 25
Calculating The Fair Value Of Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co., Ltd. (SZSE:301289)
Apr 09Shanghai National Center of Testing and Inspection for Electric Cable and Wire (SZSE:301289) Will Be Hoping To Turn Its Returns On Capital Around
Mar 04Financial Position Analysis
Short Term Liabilities: 301289's short term assets (CN¥796.6M) exceed its short term liabilities (CN¥109.9M).
Long Term Liabilities: 301289's short term assets (CN¥796.6M) exceed its long term liabilities (CN¥110.2M).
Debt to Equity History and Analysis
Debt Level: 301289 has more cash than its total debt.
Reducing Debt: 301289's debt to equity ratio has increased from 0% to 0.3% over the past 5 years.
Debt Coverage: 301289's debt is well covered by operating cash flow (3968.8%).
Interest Coverage: 301289 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 04:13 |
| 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
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Analyst Sources
Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co., Ltd. is covered by 0 analysts. 0 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 |
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