Shenzhen Fine Made Electronics Group Co., Ltd.

XSEC:300671 Stock Report

Market Cap: CN¥8.3b

Shenzhen Fine Made Electronics Group Balance Sheet Health

Financial Health criteria checks 4/6

Shenzhen Fine Made Electronics Group has a total shareholder equity of CN¥1.8B and total debt of CN¥534.5M, which brings its debt-to-equity ratio to 30.4%. Its total assets and total liabilities are CN¥2.6B and CN¥851.0M respectively.

Key information

30.4%

Debt to equity ratio

CN¥534.51m

Debt

Interest coverage ration/a
CashCN¥376.09m
EquityCN¥1.76b
Total liabilitiesCN¥850.96m
Total assetsCN¥2.61b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 300671's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥716.3M).

Long Term Liabilities: 300671's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥134.6M).


Debt to Equity History and Analysis

Debt Level: 300671's net debt to equity ratio (9%) is considered satisfactory.

Reducing Debt: 300671's debt to equity ratio has increased from 25.7% to 30.4% over the past 5 years.

Debt Coverage: 300671's debt is well covered by operating cash flow (23.8%).

Interest Coverage: Insufficient data to determine if 300671's interest payments on its debt are well covered by EBIT.


Balance Sheet


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