Shenzhen Senior Technology Material Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen Senior Technology Material has a total shareholder equity of CN¥10.1B and total debt of CN¥6.7B, which brings its debt-to-equity ratio to 66.2%. Its total assets and total liabilities are CN¥18.9B and CN¥8.8B respectively. Shenzhen Senior Technology Material's EBIT is CN¥598.7M making its interest coverage ratio -23.5. It has cash and short-term investments of CN¥5.0B.
Key information
66.2%
Debt to equity ratio
CN¥6.68b
Debt
| Interest coverage ratio | -23.5x |
| Cash | CN¥5.03b |
| Equity | CN¥10.09b |
| Total liabilities | CN¥8.84b |
| Total assets | CN¥18.93b |
Recent financial health updates
No updates
Recent updates
Shenzhen Senior Technology Material's (SZSE:300568) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Apr 24
Some 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¥3.9B).
Long Term Liabilities: 300568's short term assets (CN¥7.9B) exceed its long term liabilities (CN¥4.9B).
Debt to Equity History and Analysis
Debt Level: 300568's net debt to equity ratio (16.3%) is considered satisfactory.
Reducing Debt: 300568's debt to equity ratio has reduced from 108.2% to 66.2% over the past 5 years.
Debt Coverage: 300568's debt is not well covered by operating cash flow (16.5%).
Interest Coverage: 300568 earns more interest than it pays, so coverage of interest payments is not a concern.