Suzhou Iron Technology CO.,LTD

SHSE:688329 Stock Report

Market Cap: CN¥1.3b

Suzhou Iron TechnologyLTD Balance Sheet Health

Financial Health criteria checks 4/6

Suzhou Iron TechnologyLTD has a total shareholder equity of CN¥757.6M and total debt of CN¥236.0M, which brings its debt-to-equity ratio to 31.2%. Its total assets and total liabilities are CN¥1.3B and CN¥562.5M respectively.

Key information

31.2%

Debt to equity ratio

CN¥236.00m

Debt

Interest coverage ration/a
CashCN¥88.33m
EquityCN¥757.59m
Total liabilitiesCN¥562.51m
Total assetsCN¥1.32b

Recent financial health updates

No updates

Recent updates

Suzhou Iron Technology CO.,LTD's (SHSE:688329) Share Price Boosted 41% But Its Business Prospects Need A Lift Too

Oct 09
Suzhou Iron Technology CO.,LTD's (SHSE:688329) Share Price Boosted 41% But Its Business Prospects Need A Lift Too

What Suzhou Iron Technology CO.,LTD's (SHSE:688329) 33% Share Price Gain Is Not Telling You

Mar 08
What Suzhou Iron Technology CO.,LTD's (SHSE:688329) 33% Share Price Gain Is Not Telling You

Financial Position Analysis

Short Term Liabilities: 688329's short term assets (CN¥695.2M) exceed its short term liabilities (CN¥492.0M).

Long Term Liabilities: 688329's short term assets (CN¥695.2M) exceed its long term liabilities (CN¥70.5M).


Debt to Equity History and Analysis

Debt Level: 688329's net debt to equity ratio (19.5%) is considered satisfactory.

Reducing Debt: 688329's debt to equity ratio has increased from 12.3% to 31.2% over the past 5 years.

Debt Coverage: 688329's debt is well covered by operating cash flow (26%).

Interest Coverage: Insufficient data to determine if 688329's interest payments on its debt are well covered by EBIT.


Balance Sheet


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