Shanghai GenTech Balance Sheet Health
Financial Health criteria checks 5/6
Shanghai GenTech has a total shareholder equity of CN¥3.1B and total debt of CN¥879.2M, which brings its debt-to-equity ratio to 27.9%. Its total assets and total liabilities are CN¥8.7B and CN¥5.5B respectively. Shanghai GenTech's EBIT is CN¥404.3M making its interest coverage ratio 489.4. It has cash and short-term investments of CN¥671.2M.
Key information
27.9%
Debt to equity ratio
CN¥879.19m
Debt
Interest coverage ratio | 489.4x |
Cash | CN¥671.24m |
Equity | CN¥3.15b |
Total liabilities | CN¥5.52b |
Total assets | CN¥8.66b |
Recent financial health updates
No updates
Recent updates
Sentiment Still Eluding Shanghai GenTech Co., Ltd. (SHSE:688596)
Jun 26Do Shanghai GenTech's (SHSE:688596) Earnings Warrant Your Attention?
May 24Shanghai GenTech's (SHSE:688596) Profits May Not Reveal Underlying Issues
May 06Returns On Capital At Shanghai GenTech (SHSE:688596) Have Stalled
Mar 28A Piece Of The Puzzle Missing From Shanghai GenTech Co., Ltd.'s (SHSE:688596) 26% Share Price Climb
Mar 03Financial Position Analysis
Short Term Liabilities: 688596's short term assets (CN¥6.9B) exceed its short term liabilities (CN¥5.1B).
Long Term Liabilities: 688596's short term assets (CN¥6.9B) exceed its long term liabilities (CN¥420.3M).
Debt to Equity History and Analysis
Debt Level: 688596's net debt to equity ratio (6.6%) is considered satisfactory.
Reducing Debt: 688596's debt to equity ratio has reduced from 37.5% to 27.9% over the past 5 years.
Debt Coverage: 688596's debt is not well covered by operating cash flow (3.9%).
Interest Coverage: 688596's interest payments on its debt are well covered by EBIT (489.4x coverage).