Shenzhen Kingdom Sci-Tech Balance Sheet Health
Financial Health criteria checks 6/6
Shenzhen Kingdom Sci-Tech has a total shareholder equity of CN¥3.8B and total debt of CN¥936.0M, which brings its debt-to-equity ratio to 24.5%. Its total assets and total liabilities are CN¥5.9B and CN¥2.0B respectively. Shenzhen Kingdom Sci-Tech's EBIT is CN¥177.0M making its interest coverage ratio -3.9. It has cash and short-term investments of CN¥1.9B.
Key information
24.5%
Debt to equity ratio
CN¥935.95m
Debt
| Interest coverage ratio | -3.9x |
| Cash | CN¥1.92b |
| Equity | CN¥3.83b |
| Total liabilities | CN¥2.05b |
| Total assets | CN¥5.87b |
Recent financial health updates
We Think Shenzhen Kingdom Sci-Tech (SHSE:600446) Can Manage Its Debt With Ease
Nov 28
Shenzhen Kingdom Sci-Tech (SHSE:600446) Seems To Use Debt Quite Sensibly
Feb 27Recent updates
We Like These Underlying Return On Capital Trends At Shenzhen Kingdom Sci-Tech (SHSE:600446)
Dec 18We Think Shenzhen Kingdom Sci-Tech (SHSE:600446) Can Manage Its Debt With Ease
Nov 28Earnings Tell The Story For Shenzhen Kingdom Sci-Tech Co., Ltd (SHSE:600446) As Its Stock Soars 30%
Nov 10Investors Appear Satisfied With Shenzhen Kingdom Sci-Tech Co., Ltd's (SHSE:600446) Prospects
Sep 23Shenzhen Kingdom Sci-Tech (SHSE:600446) Might Have The Makings Of A Multi-Bagger
Jul 18Shenzhen Kingdom Sci-Tech's (SHSE:600446) Profits May Not Reveal Underlying Issues
May 03Shenzhen Kingdom Sci-Tech (SHSE:600446) Will Want To Turn Around Its Return Trends
Mar 24Shenzhen Kingdom Sci-Tech Co., Ltd's (SHSE:600446) P/E Is Still On The Mark Following 30% Share Price Bounce
Mar 01Shenzhen Kingdom Sci-Tech (SHSE:600446) Seems To Use Debt Quite Sensibly
Feb 27Financial Position Analysis
Short Term Liabilities: 600446's short term assets (CN¥4.4B) exceed its short term liabilities (CN¥2.0B).
Long Term Liabilities: 600446's short term assets (CN¥4.4B) exceed its long term liabilities (CN¥35.7M).
Debt to Equity History and Analysis
Debt Level: 600446 has more cash than its total debt.
Reducing Debt: 600446's debt to equity ratio has reduced from 46.2% to 24.5% over the past 5 years.
Debt Coverage: 600446's debt is well covered by operating cash flow (72.9%).
Interest Coverage: 600446 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 10:05 |
| End of Day Share Price | 2024/12/25 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Shenzhen Kingdom Sci-Tech Co., Ltd is covered by 14 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Xianwen Ma | Changjiang Securities Co. LTD. |
| Liangyong Zhang | China Merchants Securities Co. Ltd. |
| You You Liu | China Stock Investment Research Co. Ltd. (GZ500..com) |