Smartsens Technology (Shanghai) Balance Sheet Health
Financial Health criteria checks 4/6
Smartsens Technology (Shanghai) has a total shareholder equity of CN¥4.0B and total debt of CN¥3.0B, which brings its debt-to-equity ratio to 73.5%. Its total assets and total liabilities are CN¥7.9B and CN¥3.9B respectively. Smartsens Technology (Shanghai)'s EBIT is CN¥478.0M making its interest coverage ratio 7.6. It has cash and short-term investments of CN¥893.8M.
Key information
73.5%
Debt to equity ratio
CN¥2.97b
Debt
| Interest coverage ratio | 7.6x |
| Cash | CN¥893.84m |
| Equity | CN¥4.04b |
| Total liabilities | CN¥3.89b |
| Total assets | CN¥7.93b |
Recent financial health updates
Here's Why Smartsens Technology (Shanghai) (SHSE:688213) Has A Meaningful Debt Burden
Nov 27
Smartsens Technology (Shanghai) (SHSE:688213) Takes On Some Risk With Its Use Of Debt
Aug 13Recent updates
Here's Why Smartsens Technology (Shanghai) (SHSE:688213) Has A Meaningful Debt Burden
Nov 27Market Participants Recognise Smartsens Technology (Shanghai) Co., Ltd.'s (SHSE:688213) Revenues Pushing Shares 27% Higher
Nov 06Smartsens Technology (Shanghai)'s (SHSE:688213) Earnings Are Weaker Than They Seem
Aug 30Smartsens Technology (Shanghai) (SHSE:688213) Takes On Some Risk With Its Use Of Debt
Aug 13Smartsens Technology (Shanghai) (SHSE:688213) Shareholders Will Want The ROCE Trajectory To Continue
Jun 16Subdued Growth No Barrier To Smartsens Technology (Shanghai) Co., Ltd. (SHSE:688213) With Shares Advancing 30%
Mar 04Financial Position Analysis
Short Term Liabilities: 688213's short term assets (CN¥6.2B) exceed its short term liabilities (CN¥3.4B).
Long Term Liabilities: 688213's short term assets (CN¥6.2B) exceed its long term liabilities (CN¥446.1M).
Debt to Equity History and Analysis
Debt Level: 688213's net debt to equity ratio (51.4%) is considered high.
Reducing Debt: 688213 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 688213's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 688213's interest payments on its debt are well covered by EBIT (7.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 21:54 |
| End of Day Share Price | 2024/12/20 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
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
Smartsens Technology (Shanghai) Co., Ltd. is covered by 5 analysts. 3 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 |
|---|---|
| Fan Yan | China Merchants Securities Co. Ltd. |
| Tao Xu | Citic Securities Co., Ltd. |
| Jing Fang | Minsheng Securities Co. |