Shenzhen Mindray Bio-Medical Electronics Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen Mindray Bio-Medical Electronics has a total shareholder equity of CN¥42.0B and total debt of CN¥121.7M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are CN¥57.6B and CN¥15.6B respectively. Shenzhen Mindray Bio-Medical Electronics's EBIT is CN¥13.5B making its interest coverage ratio -17.4. It has cash and short-term investments of CN¥17.7B.
Key information
0.3%
Debt to equity ratio
CN¥121.66m
Debt
| Interest coverage ratio | -17.4x |
| Cash | CN¥17.66b |
| Equity | CN¥42.01b |
| Total liabilities | CN¥15.59b |
| Total assets | CN¥57.60b |
Recent financial health updates
Does Shenzhen Mindray Bio-Medical Electronics (SZSE:300760) Have A Healthy Balance Sheet?
Dec 03
These 4 Measures Indicate That Shenzhen Mindray Bio-Medical Electronics (SZSE:300760) Is Using Debt Safely
May 21Recent updates
Does Shenzhen Mindray Bio-Medical Electronics (SZSE:300760) Have A Healthy Balance Sheet?
Dec 03We Like Shenzhen Mindray Bio-Medical Electronics' (SZSE:300760) Returns And Here's How They're Trending
Nov 18Is There An Opportunity With Shenzhen Mindray Bio-Medical Electronics Co., Ltd.'s (SZSE:300760) 27% Undervaluation?
Oct 24Shenzhen Mindray Bio-Medical Electronics (SZSE:300760) Ticks All The Boxes When It Comes To Earnings Growth
Oct 08Risks To Shareholder Returns Are Elevated At These Prices For Shenzhen Mindray Bio-Medical Electronics Co., Ltd. (SZSE:300760)
Aug 12Shareholders Would Enjoy A Repeat Of Shenzhen Mindray Bio-Medical Electronics' (SZSE:300760) Recent Growth In Returns
Jul 28Estimating The Fair Value Of Shenzhen Mindray Bio-Medical Electronics Co., Ltd. (SZSE:300760)
Jun 06These 4 Measures Indicate That Shenzhen Mindray Bio-Medical Electronics (SZSE:300760) Is Using Debt Safely
May 21Analysts Have Made A Financial Statement On Shenzhen Mindray Bio-Medical Electronics Co., Ltd.'s (SZSE:300760) First-Quarter Report
Apr 30Shenzhen Mindray Bio-Medical Electronics Co., Ltd.'s (SZSE:300760) Share Price Not Quite Adding Up
Apr 21Shenzhen Mindray Bio-Medical Electronics (SZSE:300760) Looks To Prolong Its Impressive Returns
Apr 02Financial Position Analysis
Short Term Liabilities: 300760's short term assets (CN¥27.1B) exceed its short term liabilities (CN¥11.6B).
Long Term Liabilities: 300760's short term assets (CN¥27.1B) exceed its long term liabilities (CN¥4.0B).
Debt to Equity History and Analysis
Debt Level: 300760 has more cash than its total debt.
Reducing Debt: 300760's debt to equity ratio has increased from 0% to 0.3% over the past 5 years.
Debt Coverage: 300760's debt is well covered by operating cash flow (11807.3%).
Interest Coverage: 300760 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 03:54 |
| End of Day Share Price | 2025/01/02 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 Mindray Bio-Medical Electronics Co., Ltd. is covered by 52 analysts. 30 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 |
|---|---|
| Sandra Sun | BofA Global Research |
| Zhishun Siu | CCB International Securities Limited |
| Yue Gao | Changjiang Securities Co. LTD. |