Shenzhen Lions King Hi-Tech Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen Lions King Hi-Tech has a total shareholder equity of CN¥3.7B and total debt of CN¥1.7B, which brings its debt-to-equity ratio to 47.5%. Its total assets and total liabilities are CN¥6.0B and CN¥2.3B respectively. Shenzhen Lions King Hi-Tech's EBIT is CN¥274.0M making its interest coverage ratio 8. It has cash and short-term investments of CN¥1.2B.
Key information
47.5%
Debt to equity ratio
CN¥1.74b
Debt
| Interest coverage ratio | 8x |
| Cash | CN¥1.16b |
| Equity | CN¥3.65b |
| Total liabilities | CN¥2.31b |
| Total assets | CN¥5.96b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 301305's short term assets (CN¥2.0B) exceed its short term liabilities (CN¥575.5M).
Long Term Liabilities: 301305's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥1.7B).
Debt to Equity History and Analysis
Debt Level: 301305's net debt to equity ratio (15.7%) is considered satisfactory.
Reducing Debt: 301305's debt to equity ratio has reduced from 134.6% to 47.5% over the past 5 years.
Debt Coverage: 301305's debt is not well covered by operating cash flow (19.8%).
Interest Coverage: 301305's interest payments on its debt are well covered by EBIT (8x coverage).