Shanghai Sinyang Semiconductor Materials Balance Sheet Health
Financial Health criteria checks 5/6
Shanghai Sinyang Semiconductor Materials has a total shareholder equity of CN¥3.9B and total debt of CN¥547.8M, which brings its debt-to-equity ratio to 14.2%. Its total assets and total liabilities are CN¥5.2B and CN¥1.3B respectively. Shanghai Sinyang Semiconductor Materials's EBIT is CN¥151.5M making its interest coverage ratio 3.7. It has cash and short-term investments of CN¥812.7M.
Key information
14.2%
Debt to equity ratio
CN¥547.81m
Debt
| Interest coverage ratio | 3.7x |
| Cash | CN¥812.72m |
| Equity | CN¥3.86b |
| Total liabilities | CN¥1.34b |
| Total assets | CN¥5.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300236's short term assets (CN¥2.0B) exceed its short term liabilities (CN¥785.1M).
Long Term Liabilities: 300236's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥555.2M).
Debt to Equity History and Analysis
Debt Level: 300236 has more cash than its total debt.
Reducing Debt: 300236's debt to equity ratio has increased from 4.8% to 14.2% over the past 5 years.
Debt Coverage: 300236's debt is well covered by operating cash flow (42.1%).
Interest Coverage: 300236's interest payments on its debt are well covered by EBIT (3.7x coverage).