Shanghai Flyco Electrical Appliance Co., Ltd.

XSSC:603868 Stock Report

Market Cap: CN¥17.4b

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¥442.6M, which brings its debt-to-equity ratio to 14.6%. Its total assets and total liabilities are CN¥4.2B and CN¥1.2B respectively. Shanghai Flyco Electrical Appliance's EBIT is CN¥619.2M making its interest coverage ratio -50.3. It has cash and short-term investments of CN¥1.6B.

Key information

14.6%

Debt to equity ratio

CN¥442.64m

Debt

Interest coverage ratio-50.3x
CashCN¥1.62b
EquityCN¥3.04b
Total liabilitiesCN¥1.19b
Total assetsCN¥4.23b

Recent financial health updates

No updates

Recent updates

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 14.6% over the past 5 years.

Debt Coverage: 603868's debt is well covered by operating cash flow (89.8%).

Interest Coverage: 603868 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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