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 |
| Cash | CN¥5.01b |
| Equity | CN¥6.41b |
| Total liabilities | CN¥571.97m |
| Total assets | CN¥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 38% Price Jump
Oct 01Bestechnic (Shanghai) Co., Ltd. Just Missed EPS By 39%: Here's What Analysts Think Will Happen Next
Aug 29Bestechnic (Shanghai) (SHSE:688608) Will Be Hoping To Turn Its Returns On Capital Around
Aug 23Bestechnic (Shanghai)'s (SHSE:688608) Returns On Capital Not Reflecting Well On The Business
May 21Bestechnic (Shanghai)'s (SHSE:688608) Profits May Not Reveal Underlying Issues
Apr 03Financial 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.