Marssenger Kitchenware Co., Ltd.

SZSE:300894 Stock Report

Market Cap: CN¥7.0b

Marssenger Kitchenware Balance Sheet Health

Financial Health criteria checks 4/6

Marssenger Kitchenware has a total shareholder equity of CN¥1.4B and total debt of CN¥488.3M, which brings its debt-to-equity ratio to 34.4%. Its total assets and total liabilities are CN¥2.4B and CN¥998.4M respectively. Marssenger Kitchenware's EBIT is CN¥34.8M making its interest coverage ratio -1.7. It has cash and short-term investments of CN¥851.6M.

Key information

34.4%

Debt to equity ratio

CN¥488.25m

Debt

Interest coverage ratio-1.7x
CashCN¥851.60m
EquityCN¥1.42b
Total liabilitiesCN¥998.39m
Total assetsCN¥2.42b

Recent financial health updates

Recent updates

Marssenger Kitchenware (SZSE:300894) Might Be Having Difficulty Using Its Capital Effectively

Dec 04
Marssenger Kitchenware (SZSE:300894) Might Be Having Difficulty Using Its Capital Effectively

Investors Appear Satisfied With Marssenger Kitchenware Co., Ltd.'s (SZSE:300894) Prospects As Shares Rocket 39%

Sep 30
Investors Appear Satisfied With Marssenger Kitchenware Co., Ltd.'s (SZSE:300894) Prospects As Shares Rocket 39%

Is Now The Time To Look At Buying Marssenger Kitchenware Co., Ltd. (SZSE:300894)?

Sep 19
Is Now The Time To Look At Buying Marssenger Kitchenware Co., Ltd. (SZSE:300894)?

Is Marssenger Kitchenware (SZSE:300894) A Risky Investment?

Sep 02
Is Marssenger Kitchenware (SZSE:300894) A Risky Investment?

Estimating The Fair Value Of Marssenger Kitchenware Co., Ltd. (SZSE:300894)

Aug 14
Estimating The Fair Value Of Marssenger Kitchenware Co., Ltd. (SZSE:300894)

Returns On Capital Signal Tricky Times Ahead For Marssenger Kitchenware (SZSE:300894)

Jul 27
Returns On Capital Signal Tricky Times Ahead For Marssenger Kitchenware (SZSE:300894)

Little Excitement Around Marssenger Kitchenware Co., Ltd.'s (SZSE:300894) Earnings As Shares Take 28% Pounding

Jun 17
Little Excitement Around Marssenger Kitchenware Co., Ltd.'s (SZSE:300894) Earnings As Shares Take 28% Pounding

Is Marssenger Kitchenware Co., Ltd. (SZSE:300894) Potentially Undervalued?

Jun 09
Is Marssenger Kitchenware Co., Ltd. (SZSE:300894) Potentially Undervalued?

Marssenger Kitchenware's (SZSE:300894) Dividend Will Be CN¥0.60

May 24
Marssenger Kitchenware's (SZSE:300894) Dividend Will Be CN¥0.60

Here's Why Marssenger Kitchenware (SZSE:300894) Can Manage Its Debt Responsibly

May 21
Here's Why Marssenger Kitchenware (SZSE:300894) Can Manage Its Debt Responsibly

Investors Can Find Comfort In Marssenger Kitchenware's (SZSE:300894) Earnings Quality

May 02
Investors Can Find Comfort In Marssenger Kitchenware's (SZSE:300894) Earnings Quality

Marssenger Kitchenware Co., Ltd. (SZSE:300894) Stock Rockets 29% As Investors Are Less Pessimistic Than Expected

Apr 30
Marssenger Kitchenware Co., Ltd. (SZSE:300894) Stock Rockets 29% As Investors Are Less Pessimistic Than Expected

Analysts Just Shaved Their Marssenger Kitchenware Co., Ltd. (SZSE:300894) Forecasts Dramatically

Apr 26
Analysts Just Shaved Their Marssenger Kitchenware Co., Ltd. (SZSE:300894) Forecasts Dramatically

Marssenger Kitchenware Co., Ltd. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Apr 23
Marssenger Kitchenware Co., Ltd. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Are Investors Undervaluing Marssenger Kitchenware Co., Ltd. (SZSE:300894) By 22%?

Mar 25
Are Investors Undervaluing Marssenger Kitchenware Co., Ltd. (SZSE:300894) By 22%?

Financial Position Analysis

Short Term Liabilities: 300894's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥431.3M).

Long Term Liabilities: 300894's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥567.1M).


Debt to Equity History and Analysis

Debt Level: 300894 has more cash than its total debt.

Reducing Debt: 300894's debt to equity ratio has increased from 4.5% to 34.4% over the past 5 years.

Debt Coverage: 300894's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 300894 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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