Shenzhen Fine Made Electronics Group Balance Sheet Health
Financial Health criteria checks 4/6
Shenzhen Fine Made Electronics Group has a total shareholder equity of CN¥1.8B and total debt of CN¥534.5M, which brings its debt-to-equity ratio to 30.4%. Its total assets and total liabilities are CN¥2.6B and CN¥851.0M respectively.
Key information
30.4%
Debt to equity ratio
CN¥534.51m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥376.09m |
| Equity | CN¥1.76b |
| Total liabilities | CN¥850.96m |
| Total assets | CN¥2.61b |
Recent financial health updates
Is Shenzhen Fine Made Electronics Group (SZSE:300671) Using Too Much Debt?
Jul 26
Here's Why Shenzhen Fine Made Electronics Group (SZSE:300671) Can Afford Some Debt
Mar 06Recent updates
Shenzhen Fine Made Electronics Group Co., Ltd.'s (SZSE:300671) 38% Share Price Surge Not Quite Adding Up
Oct 02Shenzhen Fine Made Electronics Group Co., Ltd. (SZSE:300671) Stock Rockets 37% As Investors Are Less Pessimistic Than Expected
Aug 05Is Shenzhen Fine Made Electronics Group (SZSE:300671) Using Too Much Debt?
Jul 26There's Reason For Concern Over Shenzhen Fine Made Electronics Group Co., Ltd.'s (SZSE:300671) Massive 26% Price Jump
Jun 20Shenzhen Fine Made Electronics Group Co., Ltd. (SZSE:300671) Shares May Have Slumped 25% But Getting In Cheap Is Still Unlikely
Apr 16Here's Why Shenzhen Fine Made Electronics Group (SZSE:300671) Can Afford Some Debt
Mar 06Financial Position Analysis
Short Term Liabilities: 300671's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥716.3M).
Long Term Liabilities: 300671's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥134.6M).
Debt to Equity History and Analysis
Debt Level: 300671's net debt to equity ratio (9%) is considered satisfactory.
Reducing Debt: 300671's debt to equity ratio has increased from 25.7% to 30.4% over the past 5 years.
Debt Coverage: 300671's debt is well covered by operating cash flow (23.8%).
Interest Coverage: Insufficient data to determine if 300671's interest payments on its debt are well covered by EBIT.