Bestechnic (Shanghai) Co., Ltd.

SHSE:688608 Stock Report

Market Cap: CN¥31.3b

Bestechnic (Shanghai) Balance Sheet Health

Financial Health criteria checks 5/6

Bestechnic (Shanghai) has a total shareholder equity of CN¥6.4B and total debt of CN¥20.0M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are CN¥7.0B and CN¥572.0M respectively. Bestechnic (Shanghai)'s EBIT is CN¥167.1M making its interest coverage ratio -1.5. It has cash and short-term investments of CN¥5.0B.

Key information

0.3%

Debt to equity ratio

CN¥20.01m

Debt

Interest coverage ratio-1.5x
CashCN¥5.01b
EquityCN¥6.41b
Total liabilitiesCN¥571.97m
Total assetsCN¥6.98b

Recent financial health updates

No updates

Recent updates

There's Reason For Concern Over Bestechnic (Shanghai) Co., Ltd.'s (SHSE:688608) Massive 26% Price Jump

Dec 01
There's Reason For Concern Over Bestechnic (Shanghai) Co., Ltd.'s (SHSE:688608) Massive 26% Price Jump

There's Reason For Concern Over Bestechnic (Shanghai) Co., Ltd.'s (SHSE:688608) Massive 38% Price Jump

Oct 01
There's Reason For Concern Over Bestechnic (Shanghai) Co., Ltd.'s (SHSE:688608) Massive 38% Price Jump

Bestechnic (Shanghai) Co., Ltd. Just Missed EPS By 39%: Here's What Analysts Think Will Happen Next

Aug 29
Bestechnic (Shanghai) Co., Ltd. Just Missed EPS By 39%: Here's What Analysts Think Will Happen Next

Bestechnic (Shanghai) (SHSE:688608) Will Be Hoping To Turn Its Returns On Capital Around

Aug 23
Bestechnic (Shanghai) (SHSE:688608) Will Be Hoping To Turn Its Returns On Capital Around

Bestechnic (Shanghai)'s (SHSE:688608) Returns On Capital Not Reflecting Well On The Business

May 21
Bestechnic (Shanghai)'s (SHSE:688608) Returns On Capital Not Reflecting Well On The Business

Bestechnic (Shanghai)'s (SHSE:688608) Profits May Not Reveal Underlying Issues

Apr 03
Bestechnic (Shanghai)'s (SHSE:688608) Profits May Not Reveal Underlying Issues

Financial Position Analysis

Short Term Liabilities: 688608's short term assets (CN¥6.3B) exceed its short term liabilities (CN¥559.9M).

Long Term Liabilities: 688608's short term assets (CN¥6.3B) exceed its long term liabilities (CN¥12.1M).


Debt to Equity History and Analysis

Debt Level: 688608 has more cash than its total debt.

Reducing Debt: 688608's debt to equity ratio has increased from 0% to 0.3% over the past 5 years.

Debt Coverage: 688608's debt is well covered by operating cash flow (2006.3%).

Interest Coverage: 688608 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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