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¥9.3B and total debt of CN¥374.6M, which brings its debt-to-equity ratio to 4%. Its total assets and total liabilities are CN¥39.2B and CN¥29.8B respectively. Shenzhen S.C New Energy Technology's EBIT is CN¥1.8B making its interest coverage ratio -9.4. It has cash and short-term investments of CN¥6.4B.
Key information
4.0%
Debt to equity ratio
CN¥374.61m
Debt
Interest coverage ratio | -9.4x |
Cash | CN¥6.39b |
Equity | CN¥9.34b |
Total liabilities | CN¥29.81b |
Total assets | CN¥39.15b |
Recent financial health updates
No updates
Recent updates
Shenzhen 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¥37.0B) exceed its short term liabilities (CN¥29.6B).
Long Term Liabilities: 300724's short term assets (CN¥37.0B) exceed its long term liabilities (CN¥205.0M).
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% to 4% over the past 5 years.
Debt Coverage: 300724's debt is well covered by operating cash flow (601.4%).
Interest Coverage: 300724 earns more interest than it pays, so coverage of interest payments is not a concern.