Shenzhen S.C New Energy Technology Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen S.C New Energy Technology has a total shareholder equity of CN¥10.4B and total debt of CN¥282.2M, which brings its debt-to-equity ratio to 2.7%. Its total assets and total liabilities are CN¥37.4B and CN¥27.0B respectively. Shenzhen S.C New Energy Technology's EBIT is CN¥2.9B making its interest coverage ratio -15.9. It has cash and short-term investments of CN¥8.5B.
Key information
2.7%
Debt to equity ratio
CN¥282.23m
Debt
| Interest coverage ratio | -15.9x |
| Cash | CN¥8.49b |
| Equity | CN¥10.37b |
| Total liabilities | CN¥27.01b |
| Total assets | CN¥37.38b |
Recent financial health updates
Does Shenzhen S.C New Energy Technology (SZSE:300724) Have A Healthy Balance Sheet?
Sep 30
These 4 Measures Indicate That Shenzhen S.C New Energy Technology (SZSE:300724) Is Using Debt Reasonably Well
Jun 13Recent updates
Shenzhen S.C New Energy Technology's (SZSE:300724) Profits Appear To Have Quality Issues
Nov 04Here's Why We Think Shenzhen S.C New Energy Technology (SZSE:300724) Might Deserve Your Attention Today
Oct 27Shenzhen S.C New Energy Technology Corporation (SZSE:300724) Shares Could Be 49% Below Their Intrinsic Value Estimate
Oct 14Shenzhen S.C New Energy Technology Corporation (SZSE:300724) Stock Catapults 47% Though Its Price And Business Still Lag The Market
Oct 01Does Shenzhen S.C New Energy Technology (SZSE:300724) Have A Healthy Balance Sheet?
Sep 30We Like Shenzhen S.C New Energy Technology's (SZSE:300724) Returns And Here's How They're Trending
Sep 10There's No Escaping Shenzhen S.C New Energy Technology Corporation's (SZSE:300724) Muted Earnings
Jul 25These 4 Measures Indicate That Shenzhen S.C New Energy Technology (SZSE:300724) Is Using Debt Reasonably Well
Jun 13Shenzhen S.C New Energy Technology Corporation Recorded A 32% Miss On Revenue: Analysts Are Revisiting Their Models
Apr 30Shenzhen S.C New Energy Technology's (SZSE:300724) Strong Earnings Are Of Good Quality
Apr 25Benign Growth For Shenzhen S.C New Energy Technology Corporation (SZSE:300724) Underpins Its Share Price
Feb 28Financial Position Analysis
Short Term Liabilities: 300724's short term assets (CN¥35.1B) exceed its short term liabilities (CN¥26.8B).
Long Term Liabilities: 300724's short term assets (CN¥35.1B) exceed its long term liabilities (CN¥252.7M).
Debt to Equity History and Analysis
Debt Level: 300724 has more cash than its total debt.
Reducing Debt: 300724's debt to equity ratio has increased from 0.6% to 2.7% over the past 5 years.
Debt Coverage: 300724's debt is well covered by operating cash flow (774.1%).
Interest Coverage: 300724 earns more interest than it pays, so coverage of interest payments is not a concern.