Suzhou Shihua New Material Technology Balance Sheet Health
Financial Health criteria checks 6/6
Suzhou Shihua New Material Technology has a total shareholder equity of CN¥2.0B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥2.1B and CN¥149.9M respectively. Suzhou Shihua New Material Technology's EBIT is CN¥250.3M making its interest coverage ratio -10.8. It has cash and short-term investments of CN¥460.1M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -10.8x |
| Cash | CN¥460.06m |
| Equity | CN¥1.97b |
| Total liabilities | CN¥149.95m |
| Total assets | CN¥2.12b |
Recent financial health updates
No updates
Recent updates
Investors Still Aren't Entirely Convinced By Suzhou Shihua New Material Technology Co., Ltd.'s (SHSE:688093) Earnings Despite 32% Price Jump
Oct 18
Suzhou Shihua New Material Technology's (SHSE:688093) Returns On Capital Not Reflecting Well On The Business
Sep 28Suzhou Shihua New Material Technology Co., Ltd.'s (SHSE:688093) Shares Lagging The Market But So Is The Business
Jun 07Concerns Surrounding Suzhou Shihua New Material Technology's (SHSE:688093) Performance
Apr 24Suzhou Shihua New Material Technology Co., Ltd.'s (SHSE:688093) Shares Bounce 31% But Its Business Still Trails The Market
Mar 04Financial Position Analysis
Short Term Liabilities: 688093's short term assets (CN¥893.8M) exceed its short term liabilities (CN¥149.6M).
Long Term Liabilities: 688093's short term assets (CN¥893.8M) exceed its long term liabilities (CN¥376.8K).
Debt to Equity History and Analysis
Debt Level: 688093 is debt free.
Reducing Debt: 688093 has no debt compared to 5 years ago when its debt to equity ratio was 11.9%.
Debt Coverage: 688093 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 688093 has no debt, therefore coverage of interest payments is not a concern.