Shanghai Sinyang Semiconductor Materials Balance Sheet Health
Financial Health criteria checks 5/6
Shanghai Sinyang Semiconductor Materials has a total shareholder equity of CN¥4.5B and total debt of CN¥578.0M, which brings its debt-to-equity ratio to 12.9%. Its total assets and total liabilities are CN¥6.0B and CN¥1.5B respectively. Shanghai Sinyang Semiconductor Materials's EBIT is CN¥192.9M making its interest coverage ratio 4. It has cash and short-term investments of CN¥829.5M.
Key information
12.9%
Debt to equity ratio
CN¥577.96m
Debt
| Interest coverage ratio | 4x |
| Cash | CN¥829.55m |
| Equity | CN¥4.49b |
| Total liabilities | CN¥1.50b |
| Total assets | CN¥5.99b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300236's short term assets (CN¥2.1B) exceed its short term liabilities (CN¥840.7M).
Long Term Liabilities: 300236's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥657.9M).
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 5.3% to 12.9% over the past 5 years.
Debt Coverage: 300236's debt is well covered by operating cash flow (27.2%).
Interest Coverage: 300236's interest payments on its debt are well covered by EBIT (4x coverage).