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¥1.8B and total debt of CN¥661.1M, which brings its debt-to-equity ratio to 36.9%. Its total assets and total liabilities are CN¥2.8B and CN¥984.0M respectively.
Key information
36.9%
Debt to equity ratio
CN¥661.13m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥514.00m |
| Equity | CN¥1.79b |
| Total liabilities | CN¥984.00m |
| Total assets | CN¥2.78b |
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. (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¥1.5B) exceed its short term liabilities (CN¥828.4M).
Long Term Liabilities: 300671's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥155.6M).
Debt to Equity History and Analysis
Debt Level: 300671's net debt to equity ratio (8.2%) is considered satisfactory.
Reducing Debt: 300671's debt to equity ratio has increased from 26% to 36.9% over the past 5 years.
Debt Coverage: 300671's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 300671's interest payments on its debt are well covered by EBIT.