Shenzhen Senior Technology Material Balance Sheet Health
Financial Health criteria checks 4/6
Shenzhen Senior Technology Material has a total shareholder equity of CN¥10.0B and total debt of CN¥8.5B, which brings its debt-to-equity ratio to 84.8%. Its total assets and total liabilities are CN¥20.8B and CN¥10.8B respectively. Shenzhen Senior Technology Material's EBIT is CN¥338.8M making its interest coverage ratio 9. It has cash and short-term investments of CN¥4.5B.
Key information
84.8%
Debt to equity ratio
CN¥8.48b
Debt
| Interest coverage ratio | 9x |
| Cash | CN¥4.53b |
| Equity | CN¥10.00b |
| Total liabilities | CN¥10.83b |
| Total assets | CN¥20.83b |
Recent financial health updates
Recent updates
Here's What's Concerning About Shenzhen Senior Technology Material's (SZSE:300568) Returns On Capital
Dec 22
Market Participants Recognise Shenzhen Senior Technology Material Co., Ltd.'s (SZSE:300568) Earnings Pushing Shares 31% Higher
Nov 14Beyond Lackluster Earnings: Potential Concerns For Shenzhen Senior Technology Material's (SZSE:300568) Shareholders
Nov 05Further Upside For Shenzhen Senior Technology Material Co., Ltd. (SZSE:300568) Shares Could Introduce Price Risks After 38% Bounce
Sep 30What Does Shenzhen Senior Technology Material Co., Ltd.'s (SZSE:300568) Share Price Indicate?
Sep 24Brokers Are Upgrading Their Views On Shenzhen Senior Technology Material Co., Ltd. (SZSE:300568) With These New Forecasts
Jul 30Shenzhen Senior Technology Material (SZSE:300568) Takes On Some Risk With Its Use Of Debt
Jul 15Shenzhen Senior Technology Material (SZSE:300568) Has More To Do To Multiply In Value Going Forward
Jun 23Should You Investigate Shenzhen Senior Technology Material Co., Ltd. (SZSE:300568) At CN¥9.83?
May 29Market Cool On Shenzhen Senior Technology Material Co., Ltd.'s (SZSE:300568) Earnings
May 10Shenzhen Senior Technology Material's (SZSE:300568) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Apr 24Some Shenzhen Senior Technology Material Co., Ltd. (SZSE:300568) Analysts Just Made A Major Cut To Next Year's Estimates
Apr 21With EPS Growth And More, Shenzhen Senior Technology Material (SZSE:300568) Makes An Interesting Case
Feb 28Financial Position Analysis
Short Term Liabilities: 300568's short term assets (CN¥7.9B) exceed its short term liabilities (CN¥4.3B).
Long Term Liabilities: 300568's short term assets (CN¥7.9B) exceed its long term liabilities (CN¥6.5B).
Debt to Equity History and Analysis
Debt Level: 300568's net debt to equity ratio (39.4%) is considered satisfactory.
Reducing Debt: 300568's debt to equity ratio has increased from 82.7% to 84.8% over the past 5 years.
Debt Coverage: 300568's debt is not well covered by operating cash flow (6.5%).
Interest Coverage: 300568's interest payments on its debt are well covered by EBIT (9x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/04 20:33 |
| End of Day Share Price | 2025/01/03 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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Shenzhen Senior Technology Material Co., Ltd. is covered by 23 analysts. 10 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 |
|---|---|
| Edward Leung | BofA Global Research |
| Jian Jun Zou | Chasing Securities |
| Feng Ji | China International Capital Corporation Limited |