Shanghai Sinyang Semiconductor Materials Balance Sheet Health
Financial Health criteria checks 5/6
Shanghai Sinyang Semiconductor Materials has a total shareholder equity of CN¥3.8B and total debt of CN¥569.8M, which brings its debt-to-equity ratio to 14.9%. Its total assets and total liabilities are CN¥5.1B and CN¥1.3B respectively. Shanghai Sinyang Semiconductor Materials's EBIT is CN¥128.1M making its interest coverage ratio 3.5. It has cash and short-term investments of CN¥858.8M.
Key information
14.9%
Debt to equity ratio
CN¥569.82m
Debt
| Interest coverage ratio | 3.5x |
| Cash | CN¥858.81m |
| Equity | CN¥3.83b |
| Total liabilities | CN¥1.26b |
| Total assets | CN¥5.09b |
Recent financial health updates
No updates
Recent updates
Additional Considerations Required While Assessing Shanghai Sinyang Semiconductor Materials' (SZSE:300236) Strong Earnings
Mar 18
Optimistic Investors Push Shanghai Sinyang Semiconductor Materials Co., Ltd. (SZSE:300236) Shares Up 33% But Growth Is Lacking
Mar 07Shanghai Sinyang Semiconductor Materials' (SZSE:300236) Returns On Capital Not Reflecting Well On The Business
Feb 28Financial Position Analysis
Short Term Liabilities: 300236's short term assets (CN¥2.0B) exceed its short term liabilities (CN¥659.6M).
Long Term Liabilities: 300236's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥602.3M).
Debt to Equity History and Analysis
Debt Level: 300236 has more cash than its total debt.
Reducing Debt: 300236's debt to equity ratio has increased from 5.1% to 14.9% over the past 5 years.
Debt Coverage: 300236's debt is well covered by operating cash flow (24.8%).
Interest Coverage: 300236's interest payments on its debt are well covered by EBIT (3.5x coverage).