Shengyi TechnologyLtd Balance Sheet Health
Financial Health criteria checks 6/6
Shengyi TechnologyLtd has a total shareholder equity of CN¥15.9B and total debt of CN¥3.4B, which brings its debt-to-equity ratio to 21.5%. Its total assets and total liabilities are CN¥26.3B and CN¥10.4B respectively. Shengyi TechnologyLtd's EBIT is CN¥1.8B making its interest coverage ratio 41.7. It has cash and short-term investments of CN¥1.9B.
Key information
21.5%
Debt to equity ratio
CN¥3.41b
Debt
| Interest coverage ratio | 41.7x |
| Cash | CN¥1.95b |
| Equity | CN¥15.87b |
| Total liabilities | CN¥10.40b |
| Total assets | CN¥26.27b |
Recent financial health updates
These 4 Measures Indicate That Shengyi TechnologyLtd (SHSE:600183) Is Using Debt Reasonably Well
Aug 21
Does Shengyi TechnologyLtd (SHSE:600183) Have A Healthy Balance Sheet?
May 21Recent updates
Investors Aren't Buying Shengyi Technology Co.,Ltd.'s (SHSE:600183) Earnings
Nov 17Be Wary Of Shengyi TechnologyLtd (SHSE:600183) And Its Returns On Capital
Oct 03These 4 Measures Indicate That Shengyi TechnologyLtd (SHSE:600183) Is Using Debt Reasonably Well
Aug 21The Price Is Right For Shengyi Technology Co.,Ltd. (SHSE:600183)
Aug 04Shengyi TechnologyLtd (SHSE:600183) Is Reinvesting At Lower Rates Of Return
Jun 10Does Shengyi TechnologyLtd (SHSE:600183) Have A Healthy Balance Sheet?
May 21Shengyi Technology Co.,Ltd. Just Beat EPS By 23%: Here's What Analysts Think Will Happen Next
Apr 30Shengyi Technology Co.,Ltd. (SHSE:600183) Not Flying Under The Radar
Apr 22Shengyi TechnologyLtd's (SHSE:600183) Weak Earnings May Only Reveal A Part Of The Whole Picture
Apr 04Financial Position Analysis
Short Term Liabilities: 600183's short term assets (CN¥15.4B) exceed its short term liabilities (CN¥9.4B).
Long Term Liabilities: 600183's short term assets (CN¥15.4B) exceed its long term liabilities (CN¥1.0B).
Debt to Equity History and Analysis
Debt Level: 600183's net debt to equity ratio (9.2%) is considered satisfactory.
Reducing Debt: 600183's debt to equity ratio has reduced from 27.7% to 21.5% over the past 5 years.
Debt Coverage: 600183's debt is well covered by operating cash flow (49.8%).
Interest Coverage: 600183's interest payments on its debt are well covered by EBIT (41.7x coverage).