Shanghai Flyco Electrical Appliance Co., Ltd.

SHSE:603868 Stock Report

Market Cap: CN¥17.6b

Shanghai Flyco Electrical Appliance Balance Sheet Health

Financial Health criteria checks 5/6

Shanghai Flyco Electrical Appliance has a total shareholder equity of CN¥3.0B and total debt of CN¥430.0M, which brings its debt-to-equity ratio to 14.2%. Its total assets and total liabilities are CN¥4.2B and CN¥1.2B respectively. Shanghai Flyco Electrical Appliance's EBIT is CN¥616.9M making its interest coverage ratio -35.9. It has cash and short-term investments of CN¥1.6B.

Key information

14.2%

Debt to equity ratio

CN¥430.00m

Debt

Interest coverage ratio-35.9x
CashCN¥1.62b
EquityCN¥3.04b
Total liabilitiesCN¥1.19b
Total assetsCN¥4.23b

Recent financial health updates

No updates

Recent updates

There Are Reasons To Feel Uneasy About Shanghai Flyco Electrical Appliance's (SHSE:603868) Returns On Capital

Dec 20
There Are Reasons To Feel Uneasy About Shanghai Flyco Electrical Appliance's (SHSE:603868) Returns On Capital

Shanghai Flyco Electrical Appliance's (SHSE:603868) Shareholders Have More To Worry About Than Only Soft Earnings

Nov 06
Shanghai Flyco Electrical Appliance's (SHSE:603868) Shareholders Have More To Worry About Than Only Soft Earnings

Shanghai Flyco Electrical Appliance Co., Ltd.'s (SHSE:603868) Share Price Is Matching Sentiment Around Its Earnings

Sep 25
Shanghai Flyco Electrical Appliance Co., Ltd.'s (SHSE:603868) Share Price Is Matching Sentiment Around Its Earnings

Returns On Capital Signal Tricky Times Ahead For Shanghai Flyco Electrical Appliance (SHSE:603868)

Jul 19
Returns On Capital Signal Tricky Times Ahead For Shanghai Flyco Electrical Appliance (SHSE:603868)

Are Shanghai Flyco Electrical Appliance Co., Ltd. (SHSE:603868) Investors Paying Above The Intrinsic Value?

Jun 21
Are Shanghai Flyco Electrical Appliance Co., Ltd. (SHSE:603868) Investors Paying Above The Intrinsic Value?

Does Shanghai Flyco Electrical Appliance (SHSE:603868) Deserve A Spot On Your Watchlist?

Apr 05
Does Shanghai Flyco Electrical Appliance (SHSE:603868) Deserve A Spot On Your Watchlist?

Additional Considerations Required While Assessing Shanghai Flyco Electrical Appliance's (SHSE:603868) Strong Earnings

Mar 18
Additional Considerations Required While Assessing Shanghai Flyco Electrical Appliance's (SHSE:603868) Strong Earnings

Analyst Forecasts Just Became More Bearish On Shanghai Flyco Electrical Appliance Co., Ltd. (SHSE:603868)

Mar 17
Analyst Forecasts Just Became More Bearish On Shanghai Flyco Electrical Appliance Co., Ltd. (SHSE:603868)

Returns On Capital At Shanghai Flyco Electrical Appliance (SHSE:603868) Paint A Concerning Picture

Mar 01
Returns On Capital At Shanghai Flyco Electrical Appliance (SHSE:603868) Paint A Concerning Picture

Financial Position Analysis

Short Term Liabilities: 603868's short term assets (CN¥2.6B) exceed its short term liabilities (CN¥1.1B).

Long Term Liabilities: 603868's short term assets (CN¥2.6B) exceed its long term liabilities (CN¥101.3M).

Debt to Equity History and Analysis

Debt Level: 603868 has more cash than its total debt.

Reducing Debt: 603868's debt to equity ratio has increased from 0% to 14.2% over the past 5 years.

Debt Coverage: 603868's debt is well covered by operating cash flow (92.4%).

Interest Coverage: 603868 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

DataLast Updated (UTC time)
Company Analysis2025/01/04 07:17
End of Day Share Price 2025/01/03 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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

Shanghai Flyco Electrical Appliance Co., Ltd. is covered by 14 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Wei HeChina International Capital Corporation Limited
Jinxing ShiChina Merchants Securities Co. Ltd.
Min JiCitic Securities Co., Ltd.