Shanghai Hi-Tech Control System Balance Sheet Health
Financial Health criteria checks 4/6
Shanghai Hi-Tech Control System has a total shareholder equity of CN¥1.5B and total debt of CN¥415.0M, which brings its debt-to-equity ratio to 26.8%. Its total assets and total liabilities are CN¥3.7B and CN¥2.1B respectively.
Key information
26.8%
Debt to equity ratio
CN¥415.05m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥538.45m |
| Equity | CN¥1.55b |
| Total liabilities | CN¥2.13b |
| Total assets | CN¥3.68b |
Recent financial health updates
No updates
Recent updates
Shanghai Hi-Tech Control System Co., Ltd (SZSE:002184) Stock Catapults 31% Though Its Price And Business Still Lag The Industry
Nov 21
Shanghai Hi-Tech Control System Co., Ltd (SZSE:002184) Stock Catapults 29% Though Its Price And Business Still Lag The Industry
Oct 01There's No Escaping Shanghai Hi-Tech Control System Co., Ltd's (SZSE:002184) Muted Revenues Despite A 29% Share Price Rise
Oct 01Shanghai Hi-Tech Control System's (SZSE:002184) Problems Go Beyond Weak Profit
Sep 05Shanghai Hi-Tech Control System (SZSE:002184) Has Announced A Dividend Of CN¥0.10
Jul 29Calculating The Intrinsic Value Of Shanghai Hi-Tech Control System Co., Ltd (SZSE:002184)
Mar 27Investors Still Aren't Entirely Convinced By Shanghai Hi-Tech Control System Co., Ltd's (SZSE:002184) Earnings Despite 35% Price Jump
Mar 06Financial Position Analysis
Short Term Liabilities: 002184's short term assets (CN¥2.9B) exceed its short term liabilities (CN¥2.0B).
Long Term Liabilities: 002184's short term assets (CN¥2.9B) exceed its long term liabilities (CN¥104.9M).
Debt to Equity History and Analysis
Debt Level: 002184 has more cash than its total debt.
Reducing Debt: 002184's debt to equity ratio has reduced from 33.9% to 26.8% over the past 5 years.
Debt Coverage: 002184's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 002184's interest payments on its debt are well covered by EBIT.