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
No updates
Recent updates
Financial 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.