Shenzhen MTC Balance Sheet Health
Financial Health criteria checks 6/6
Shenzhen MTC has a total shareholder equity of CN¥16.1B and total debt of CN¥5.3B, which brings its debt-to-equity ratio to 33%. Its total assets and total liabilities are CN¥30.3B and CN¥14.1B respectively. Shenzhen MTC's EBIT is CN¥2.0B making its interest coverage ratio 52. It has cash and short-term investments of CN¥4.3B.
Key information
33.0%
Debt to equity ratio
CN¥5.32b
Debt
| Interest coverage ratio | 52x |
| Cash | CN¥4.32b |
| Equity | CN¥16.12b |
| Total liabilities | CN¥14.14b |
| Total assets | CN¥30.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002429's short term assets (CN¥19.1B) exceed its short term liabilities (CN¥9.3B).
Long Term Liabilities: 002429's short term assets (CN¥19.1B) exceed its long term liabilities (CN¥4.9B).
Debt to Equity History and Analysis
Debt Level: 002429's net debt to equity ratio (6.2%) is considered satisfactory.
Reducing Debt: 002429's debt to equity ratio has reduced from 36.7% to 33% over the past 5 years.
Debt Coverage: 002429's debt is well covered by operating cash flow (33.1%).
Interest Coverage: 002429's interest payments on its debt are well covered by EBIT (52x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 15:57 |
| End of Day Share Price | 2024/12/25 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Shenzhen MTC Co., Ltd. is covered by 10 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Chun Xu | Changjiang Securities Co. LTD. |
| Tao Xu | Citic Securities Co., Ltd. |
| Wei Jiang | Everbright Securities Co. Ltd. |