Shenzhen Fenda Technology Balance Sheet Health
Financial Health criteria checks 4/6
Shenzhen Fenda Technology has a total shareholder equity of CN¥2.3B and total debt of CN¥777.8M, which brings its debt-to-equity ratio to 33.4%. Its total assets and total liabilities are CN¥4.5B and CN¥2.1B respectively. Shenzhen Fenda Technology's EBIT is CN¥79.6M making its interest coverage ratio 1.7. It has cash and short-term investments of CN¥567.4M.
Key information
33.4%
Debt to equity ratio
CN¥777.82m
Debt
| Interest coverage ratio | 1.7x |
| Cash | CN¥567.44m |
| Equity | CN¥2.33b |
| Total liabilities | CN¥2.15b |
| Total assets | CN¥4.48b |
Recent financial health updates
Recent updates
Shenzhen Fenda Technology's (SZSE:002681) Returns On Capital Are Heading Higher
Sep 12
What Shenzhen Fenda Technology Co., Ltd.'s (SZSE:002681) P/S Is Not Telling You
Aug 15Shenzhen Fenda Technology (SZSE:002681) Is Looking To Continue Growing Its Returns On Capital
Jun 11Shenzhen Fenda Technology's (SZSE:002681) Shareholders Have More To Worry About Than Only Soft Earnings
May 06These 4 Measures Indicate That Shenzhen Fenda Technology (SZSE:002681) Is Using Debt Reasonably Well
Mar 28What Shenzhen Fenda Technology Co., Ltd.'s (SZSE:002681) 27% Share Price Gain Is Not Telling You
Mar 07Returns On Capital Signal Difficult Times Ahead For Shenzhen Fenda Technology (SZSE:002681)
Feb 29Financial Position Analysis
Short Term Liabilities: 002681's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 002681's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥790.6M).
Debt to Equity History and Analysis
Debt Level: 002681's net debt to equity ratio (9%) is considered satisfactory.
Reducing Debt: 002681's debt to equity ratio has increased from 21.7% to 33.4% over the past 5 years.
Debt Coverage: 002681's debt is well covered by operating cash flow (34.1%).
Interest Coverage: 002681's interest payments on its debt are not well covered by EBIT (1.7x coverage).