Shandong Taihe Technologies Balance Sheet Health
Financial Health criteria checks 6/6
Shandong Taihe Technologies has a total shareholder equity of CN¥2.4B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥3.1B and CN¥699.9M respectively. Shandong Taihe Technologies's EBIT is CN¥155.7M making its interest coverage ratio -14. It has cash and short-term investments of CN¥706.4M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -14x |
| Cash | CN¥706.41m |
| Equity | CN¥2.39b |
| Total liabilities | CN¥699.94m |
| Total assets | CN¥3.09b |
Recent financial health updates
No updates
Recent updates
Shandong Taihe Technologies (SZSE:300801) Has Announced That Its Dividend Will Be Reduced To CN¥0.167
Apr 25
Shandong Taihe Technologies' (SZSE:300801) Soft Earnings Are Actually Better Than They Appear
Apr 02There's No Escaping Shandong Taihe Technologies Co., Ltd.'s (SZSE:300801) Muted Earnings Despite A 25% Share Price Rise
Mar 07Financial Position Analysis
Short Term Liabilities: 300801's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥550.0M).
Long Term Liabilities: 300801's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥150.0M).
Debt to Equity History and Analysis
Debt Level: 300801 is debt free.
Reducing Debt: 300801 had no debt 5 years ago.
Debt Coverage: 300801 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 300801 has no debt, therefore coverage of interest payments is not a concern.