Shanghai Hollywave Electronic System Balance Sheet Health
Financial Health criteria checks 5/6
Shanghai Hollywave Electronic System has a total shareholder equity of CN¥687.3M and total debt of CN¥28.3M, which brings its debt-to-equity ratio to 4.1%. Its total assets and total liabilities are CN¥903.7M and CN¥216.4M respectively. Shanghai Hollywave Electronic System's EBIT is CN¥17.3M making its interest coverage ratio -2.1. It has cash and short-term investments of CN¥370.3M.
Key information
4.1%
Debt to equity ratio
CN¥28.29m
Debt
Interest coverage ratio | -2.1x |
Cash | CN¥370.27m |
Equity | CN¥687.25m |
Total liabilities | CN¥216.41m |
Total assets | CN¥903.66m |
Recent financial health updates
No updates
Recent updates
Shanghai Hollywave Electronic System's (SHSE:688682) Weak Earnings May Only Reveal A Part Of The Whole Picture
Apr 29Shanghai Hollywave Electronic System (SHSE:688682) Will Want To Turn Around Its Return Trends
Apr 04Subdued Growth No Barrier To Shanghai Hollywave Electronic System Co., Ltd. (SHSE:688682) With Shares Advancing 31%
Mar 06Financial Position Analysis
Short Term Liabilities: 688682's short term assets (CN¥746.3M) exceed its short term liabilities (CN¥202.3M).
Long Term Liabilities: 688682's short term assets (CN¥746.3M) exceed its long term liabilities (CN¥14.1M).
Debt to Equity History and Analysis
Debt Level: 688682 has more cash than its total debt.
Reducing Debt: 688682's debt to equity ratio has increased from 0% to 4.1% over the past 5 years.
Debt Coverage: 688682's debt is well covered by operating cash flow (59.5%).
Interest Coverage: 688682 earns more interest than it pays, so coverage of interest payments is not a concern.