Shanghai Hi-Tech Control System Co., Ltd

XSEC:002184 Stock Report

Market Cap: CN¥3.2b

Shanghai Hi-Tech Control System Balance Sheet Health

Financial Health criteria checks 6/6

Shanghai Hi-Tech Control System has a total shareholder equity of CN¥1.8B and total debt of CN¥308.6M, which brings its debt-to-equity ratio to 17.5%. Its total assets and total liabilities are CN¥4.3B and CN¥2.5B respectively. Shanghai Hi-Tech Control System's EBIT is CN¥123.0M making its interest coverage ratio -14.5. It has cash and short-term investments of CN¥732.5M.

Key information


Debt to equity ratio



Interest coverage ratio-14.5x
Total liabilitiesCN¥2.50b
Total assetsCN¥4.26b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 002184's short term assets (CN¥3.5B) exceed its short term liabilities (CN¥2.4B).

Long Term Liabilities: 002184's short term assets (CN¥3.5B) exceed its long term liabilities (CN¥116.9M).

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 38.6% to 17.5% over the past 5 years.

Debt Coverage: 002184's debt is well covered by operating cash flow (46.7%).

Interest Coverage: 002184 earns more interest than it pays, so coverage of interest payments is not a concern.

Balance Sheet

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