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
Market Participants Recognise Shenzhen Senior Technology Material Co., Ltd.'s (SZSE:300568) Earnings Pushing Shares 31% Higher
Nov 14
Beyond 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).