Shandong Liancheng Precision Manufacturing Balance Sheet Health
Financial Health criteria checks 2/6
Shandong Liancheng Precision Manufacturing has a total shareholder equity of CN¥1.1B and total debt of CN¥995.6M, which brings its debt-to-equity ratio to 87.9%. Its total assets and total liabilities are CN¥2.5B and CN¥1.3B respectively. Shandong Liancheng Precision Manufacturing's EBIT is CN¥14.5M making its interest coverage ratio 0.4. It has cash and short-term investments of CN¥300.7M.
Key information
87.9%
Debt to equity ratio
CN¥995.58m
Debt
| Interest coverage ratio | 0.4x |
| Cash | CN¥300.73m |
| Equity | CN¥1.13b |
| Total liabilities | CN¥1.33b |
| Total assets | CN¥2.46b |
Recent financial health updates
No updates
Recent updates
Returns On Capital At Shandong Liancheng Precision Manufacturing (SZSE:002921) Paint A Concerning Picture
Dec 03
Revenues Not Telling The Story For Shandong Liancheng Precision Manufacturing Co., Ltd (SZSE:002921) After Shares Rise 29%
Dec 03Risks To Shareholder Returns Are Elevated At These Prices For Shandong Liancheng Precision Manufacturing Co., Ltd (SZSE:002921)
Sep 30Shandong Liancheng Precision Manufacturing's (SZSE:002921) Dividend Will Be Reduced To CN¥0.10
Jun 03Shandong Liancheng Precision Manufacturing (SZSE:002921) May Have Issues Allocating Its Capital
Apr 04Shandong Liancheng Precision Manufacturing Co., Ltd (SZSE:002921) Investors Are Less Pessimistic Than Expected
Feb 29Financial Position Analysis
Short Term Liabilities: 002921's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥899.9M).
Long Term Liabilities: 002921's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥428.3M).
Debt to Equity History and Analysis
Debt Level: 002921's net debt to equity ratio (61.3%) is considered high.
Reducing Debt: 002921's debt to equity ratio has increased from 38.6% to 87.9% over the past 5 years.
Debt Coverage: 002921's debt is not well covered by operating cash flow (15.5%).
Interest Coverage: 002921's interest payments on its debt are not well covered by EBIT (0.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 22:06 |
| End of Day Share Price | 2024/12/25 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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Industry and Sector Metrics
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Analyst Sources
Shandong Liancheng Precision Manufacturing Co., Ltd is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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