Shenzhen China Bicycle Company (Holdings) Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen China Bicycle Company (Holdings) has a total shareholder equity of CN¥326.1M and total debt of CN¥1.2M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are CN¥372.4M and CN¥46.3M respectively. Shenzhen China Bicycle Company (Holdings)'s EBIT is CN¥18.7M making its interest coverage ratio 223.9. It has cash and short-term investments of CN¥15.7M.
Key information
0.4%
Debt to equity ratio
CN¥1.23m
Debt
| Interest coverage ratio | 223.9x |
| Cash | CN¥15.73m |
| Equity | CN¥326.09m |
| Total liabilities | CN¥46.27m |
| Total assets | CN¥372.36m |
Recent financial health updates
No updates
Recent updates
The Price Is Right For Shenzhen China Bicycle Company (Holdings) Limited (SZSE:000017)
Sep 26
We Think That There Are Some Issues For Shenzhen China Bicycle Company (Holdings) (SZSE:000017) Beyond Its Promising Earnings
May 03The Price Is Right For Shenzhen China Bicycle Company (Holdings) Limited (SZSE:000017) Even After Diving 34%
Mar 27Financial Position Analysis
Short Term Liabilities: 000017's short term assets (CN¥363.0M) exceed its short term liabilities (CN¥46.3M).
Long Term Liabilities: 000017 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 000017 has more cash than its total debt.
Reducing Debt: 000017's debt to equity ratio has increased from 0% to 0.4% over the past 5 years.
Debt Coverage: 000017's debt is well covered by operating cash flow (889.1%).
Interest Coverage: 000017's interest payments on its debt are well covered by EBIT (223.9x coverage).