Shanghai Yaoji Technology Balance Sheet Health
Financial Health criteria checks 6/6
Shanghai Yaoji Technology has a total shareholder equity of CN¥3.4B and total debt of CN¥672.2M, which brings its debt-to-equity ratio to 19.7%. Its total assets and total liabilities are CN¥4.9B and CN¥1.5B respectively. Shanghai Yaoji Technology's EBIT is CN¥624.4M making its interest coverage ratio -146.5. It has cash and short-term investments of CN¥819.2M.
Key information
19.7%
Debt to equity ratio
CN¥672.23m
Debt
| Interest coverage ratio | -146.5x |
| Cash | CN¥819.18m |
| Equity | CN¥3.41b |
| Total liabilities | CN¥1.49b |
| Total assets | CN¥4.90b |
Recent financial health updates
Is Shanghai Yaoji Technology (SZSE:002605) A Risky Investment?
Oct 18
Is Shanghai Yaoji Technology (SZSE:002605) Using Too Much Debt?
Jul 12Shanghai Yaoji Technology (SZSE:002605) Seems To Use Debt Rather Sparingly
Mar 15Recent updates
The Market Lifts Shanghai Yaoji Technology Co., Ltd. (SZSE:002605) Shares 33% But It Can Do More
Oct 19Is Shanghai Yaoji Technology (SZSE:002605) A Risky Investment?
Oct 18Shanghai Yaoji Technology (SZSE:002605) Could Be Struggling To Allocate Capital
Sep 11Is Shanghai Yaoji Technology (SZSE:002605) Using Too Much Debt?
Jul 12We Like The Quality Of Shanghai Yaoji Technology's (SZSE:002605) Earnings
May 06Returns On Capital Are A Standout For Shanghai Yaoji Technology (SZSE:002605)
Apr 08Shanghai Yaoji Technology (SZSE:002605) Seems To Use Debt Rather Sparingly
Mar 15Financial Position Analysis
Short Term Liabilities: 002605's short term assets (CN¥2.0B) exceed its short term liabilities (CN¥820.0M).
Long Term Liabilities: 002605's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥669.9M).
Debt to Equity History and Analysis
Debt Level: 002605 has more cash than its total debt.
Reducing Debt: 002605's debt to equity ratio has reduced from 40.6% to 19.7% over the past 5 years.
Debt Coverage: 002605's debt is well covered by operating cash flow (59.6%).
Interest Coverage: 002605 earns more interest than it pays, so coverage of interest payments is not a concern.