Shenzhen Techwinsemi Technology Balance Sheet Health
Financial Health criteria checks 2/6
Shenzhen Techwinsemi Technology has a total shareholder equity of CN¥1.1B and total debt of CN¥1.7B, which brings its debt-to-equity ratio to 147.2%. Its total assets and total liabilities are CN¥3.3B and CN¥2.2B respectively. Shenzhen Techwinsemi Technology's EBIT is CN¥56.7M making its interest coverage ratio 1.6. It has cash and short-term investments of CN¥274.4M.
Key information
147.2%
Debt to equity ratio
CN¥1.65b
Debt
Interest coverage ratio | 1.6x |
Cash | CN¥274.36m |
Equity | CN¥1.12b |
Total liabilities | CN¥2.16b |
Total assets | CN¥3.29b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 001309's short term assets (CN¥2.9B) exceed its short term liabilities (CN¥1.9B).
Long Term Liabilities: 001309's short term assets (CN¥2.9B) exceed its long term liabilities (CN¥245.1M).
Debt to Equity History and Analysis
Debt Level: 001309's net debt to equity ratio (122.8%) is considered high.
Reducing Debt: 001309's debt to equity ratio has increased from 19.1% to 147.2% over the past 5 years.
Debt Coverage: 001309's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 001309's interest payments on its debt are not well covered by EBIT (1.6x coverage).