Shenzhen Fine Made Electronics Group Balance Sheet Health
Financial Health criteria checks 3/6
Shenzhen Fine Made Electronics Group has a total shareholder equity of CN¥2.0B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 52.1%. Its total assets and total liabilities are CN¥3.3B and CN¥1.3B respectively.
Key information
52.1%
Debt to equity ratio
CN¥1.05b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.05b |
| Equity | CN¥2.02b |
| Total liabilities | CN¥1.32b |
| Total assets | CN¥3.34b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 300671's short term assets (CN¥2.1B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 300671's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥154.8M).
Debt to Equity History and Analysis
Debt Level: 300671's net debt to equity ratio (0.1%) is considered satisfactory.
Reducing Debt: 300671's debt to equity ratio has increased from 21.7% to 52.1% over the past 5 years.
Debt Coverage: 300671's debt is not well covered by operating cash flow (6.2%).
Interest Coverage: Insufficient data to determine if 300671's interest payments on its debt are well covered by EBIT.