Shanghai Longcheer Technology Balance Sheet Health
Financial Health criteria checks 5/6
Shanghai Longcheer Technology has a total shareholder equity of CN¥5.5B and total debt of CN¥2.1B, which brings its debt-to-equity ratio to 37.2%. Its total assets and total liabilities are CN¥26.3B and CN¥20.8B respectively. Shanghai Longcheer Technology's EBIT is CN¥382.8M making its interest coverage ratio -3. It has cash and short-term investments of CN¥7.3B.
Key information
37.2%
Debt to equity ratio
CN¥2.06b
Debt
| Interest coverage ratio | -3x |
| Cash | CN¥7.27b |
| Equity | CN¥5.52b |
| Total liabilities | CN¥20.76b |
| Total assets | CN¥26.29b |
Recent financial health updates
Does Shanghai Longcheer Technology (SHSE:603341) Have A Healthy Balance Sheet?
Dec 25
Does Shanghai Longcheer Technology (SHSE:603341) Have A Healthy Balance Sheet?
Aug 23Recent updates
Some Shareholders Feeling Restless Over Shanghai Longcheer Technology Co., Ltd.'s (SHSE:603341) P/E Ratio
Feb 18Does Shanghai Longcheer Technology (SHSE:603341) Have A Healthy Balance Sheet?
Dec 25Shanghai Longcheer Technology Co., Ltd.'s (SHSE:603341) Business Is Trailing The Market But Its Shares Aren't
Oct 31Does Shanghai Longcheer Technology (SHSE:603341) Have A Healthy Balance Sheet?
Aug 23Financial Position Analysis
Short Term Liabilities: 603341's short term assets (CN¥22.3B) exceed its short term liabilities (CN¥19.8B).
Long Term Liabilities: 603341's short term assets (CN¥22.3B) exceed its long term liabilities (CN¥970.2M).
Debt to Equity History and Analysis
Debt Level: 603341 has more cash than its total debt.
Reducing Debt: 603341's debt to equity ratio has increased from 26.8% to 37.2% over the past 5 years.
Debt Coverage: 603341's debt is well covered by operating cash flow (67.4%).
Interest Coverage: 603341 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/03/21 13:26 |
| End of Day Share Price | 2025/03/21 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.
Analysis Model and Snowflake
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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 Github.
Analyst Sources
Shanghai Longcheer Technology Co., Ltd. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.