Shenzhen China Bicycle Company (Holdings) Balance Sheet Health
Financial Health criteria checks 6/6
Shenzhen China Bicycle Company (Holdings) has a total shareholder equity of CN¥324.7M and total debt of CN¥6.6M, which brings its debt-to-equity ratio to 2%. Its total assets and total liabilities are CN¥366.4M and CN¥41.7M respectively. Shenzhen China Bicycle Company (Holdings)'s EBIT is CN¥17.6M making its interest coverage ratio 523.9. It has cash and short-term investments of CN¥25.2M.
Key information
2.0%
Debt to equity ratio
CN¥6.56m
Debt
| Interest coverage ratio | 523.9x |
| Cash | CN¥25.17m |
| Equity | CN¥324.66m |
| Total liabilities | CN¥41.72m |
| Total assets | CN¥366.38m |
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¥358.0M) exceed its short term liabilities (CN¥41.1M).
Long Term Liabilities: 000017's short term assets (CN¥358.0M) exceed its long term liabilities (CN¥573.6K).
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 reduced from 40.9% to 2% over the past 5 years.
Debt Coverage: 000017's debt is well covered by operating cash flow (213.5%).
Interest Coverage: 000017's interest payments on its debt are well covered by EBIT (523.9x coverage).