Shanghai Broadband TechnologyLtd Balance Sheet Health
Financial Health criteria checks 3/6
Shanghai Broadband TechnologyLtd has a total shareholder equity of CN¥46.8M and total debt of CN¥70.4M, which brings its debt-to-equity ratio to 150.3%. Its total assets and total liabilities are CN¥141.5M and CN¥94.7M respectively. Shanghai Broadband TechnologyLtd's EBIT is CN¥504.0K making its interest coverage ratio 0.2. It has cash and short-term investments of CN¥21.6M.
Key information
150.3%
Debt to equity ratio
CN¥70.42m
Debt
| Interest coverage ratio | 0.2x |
| Cash | CN¥21.62m |
| Equity | CN¥46.85m |
| Total liabilities | CN¥94.69m |
| Total assets | CN¥141.54m |
Recent financial health updates
No updates
Recent updates
There's Reason For Concern Over Shanghai Broadband Technology Co.,Ltd's (SHSE:600608) Price
Oct 22
Risks Still Elevated At These Prices As Shanghai Broadband Technology Co.,Ltd (SHSE:600608) Shares Dive 29%
Jun 28Risks Still Elevated At These Prices As Shanghai Broadband Technology Co.,Ltd (SHSE:600608) Shares Dive 25%
May 13Financial Position Analysis
Short Term Liabilities: 600608's short term assets (CN¥139.9M) exceed its short term liabilities (CN¥91.3M).
Long Term Liabilities: 600608's short term assets (CN¥139.9M) exceed its long term liabilities (CN¥3.4M).
Debt to Equity History and Analysis
Debt Level: 600608's net debt to equity ratio (104.2%) is considered high.
Reducing Debt: 600608's debt to equity ratio has reduced from 152.8% to 150.3% over the past 5 years.
Debt Coverage: 600608's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 600608's interest payments on its debt are not well covered by EBIT (0.2x coverage).