SINOTECH Balance Sheet Health
Financial Health criteria checks 4/6
SINOTECH has a total shareholder equity of CN¥1.9B and total debt of CN¥297.2M, which brings its debt-to-equity ratio to 16%. Its total assets and total liabilities are CN¥2.7B and CN¥868.3M respectively.
Key information
16.0%
Debt to equity ratio
CN¥297.23m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥688.55m |
| Equity | CN¥1.86b |
| Total liabilities | CN¥868.31m |
| Total assets | CN¥2.72b |
Recent financial health updates
No updates
Recent updates
SINOTECH Company Limited (SHSE:688737) Stock Rockets 39% But Many Are Still Ignoring The Company
Oct 09
This Analyst Just Downgraded Their SINOTECH Company Limited (SHSE:688737) EPS Forecasts
Sep 03Sinocat Environmental TechnologyLtd's (SHSE:688737) Earnings Are Weaker Than They Seem
Apr 05Sinocat Environmental Technology Co.,Ltd.'s (SHSE:688737) Shares Leap 25% Yet They're Still Not Telling The Full Story
Mar 08Financial Position Analysis
Short Term Liabilities: 688737's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥807.3M).
Long Term Liabilities: 688737's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥61.0M).
Debt to Equity History and Analysis
Debt Level: 688737 has more cash than its total debt.
Reducing Debt: 688737's debt to equity ratio has reduced from 162.7% to 16% over the past 5 years.
Debt Coverage: 688737's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 688737's interest payments on its debt are well covered by EBIT.