Suzhou Alton Electrical & Mechanical Industry Co., Ltd.

SZSE:301187 Stock Report

Market Cap: CN¥4.4b

Suzhou Alton Electrical & Mechanical Industry Balance Sheet Health

Financial Health criteria checks 5/6

Suzhou Alton Electrical & Mechanical Industry has a total shareholder equity of CN¥1.5B and total debt of CN¥372.7M, which brings its debt-to-equity ratio to 24.9%. Its total assets and total liabilities are CN¥2.5B and CN¥1.0B respectively. Suzhou Alton Electrical & Mechanical Industry's EBIT is CN¥185.3M making its interest coverage ratio -4.4. It has cash and short-term investments of CN¥1.3B.

Key information

24.9%

Debt to equity ratio

CN¥372.74m

Debt

Interest coverage ratio-4.4x
CashCN¥1.30b
EquityCN¥1.50b
Total liabilitiesCN¥1.05b
Total assetsCN¥2.55b

Recent financial health updates

No updates

Recent updates

Improved Earnings Required Before Suzhou Alton Electrical & Mechanical Industry Co., Ltd. (SZSE:301187) Shares Find Their Feet

May 24
Improved Earnings Required Before Suzhou Alton Electrical & Mechanical Industry Co., Ltd. (SZSE:301187) Shares Find Their Feet

Suzhou Alton Electrical & Mechanical Industry (SZSE:301187) Strong Profits May Be Masking Some Underlying Issues

Apr 25
Suzhou Alton Electrical & Mechanical Industry (SZSE:301187) Strong Profits May Be Masking Some Underlying Issues

Suzhou Alton Electrical & Mechanical Industry (SZSE:301187) Will Want To Turn Around Its Return Trends

Feb 28
Suzhou Alton Electrical & Mechanical Industry (SZSE:301187) Will Want To Turn Around Its Return Trends

Financial Position Analysis

Short Term Liabilities: 301187's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥932.5M).

Long Term Liabilities: 301187's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥117.4M).


Debt to Equity History and Analysis

Debt Level: 301187 has more cash than its total debt.

Reducing Debt: 301187's debt to equity ratio has increased from 0% to 24.9% over the past 5 years.

Debt Coverage: 301187's debt is well covered by operating cash flow (75.5%).

Interest Coverage: 301187 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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