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
Shengyi TechnologyLtd (SHSE:600183) Has A Rock Solid Balance Sheet
Dec 06
These 4 Measures Indicate That Shengyi TechnologyLtd (SHSE:600183) Is Using Debt Reasonably Well
Aug 21Does Shengyi TechnologyLtd (SHSE:600183) Have A Healthy Balance Sheet?
May 21Recent updates
Shengyi TechnologyLtd (SHSE:600183) Has A Rock Solid Balance Sheet
Dec 06Investors 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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/28 01:55 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Shengyi Technology Co.,Ltd. is covered by 32 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Junfang Gao | Avic Securities Co., Ltd |
| null null | BOCI Research Ltd. |
| Mike Yang | BofA Global Research |