Suzhou Chunqiu Electronic Technology Co., Ltd.

SHSE:603890 Stock Report

Market Cap: CN¥4.1b

Suzhou Chunqiu Electronic Technology Balance Sheet Health

Financial Health criteria checks 4/6

Suzhou Chunqiu Electronic Technology has a total shareholder equity of CN¥2.8B and total debt of CN¥1.4B, which brings its debt-to-equity ratio to 49.3%. Its total assets and total liabilities are CN¥5.7B and CN¥2.8B respectively. Suzhou Chunqiu Electronic Technology's EBIT is CN¥8.6M making its interest coverage ratio 0.2. It has cash and short-term investments of CN¥819.0M.

Key information

49.3%

Debt to equity ratio

CN¥1.40b

Debt

Interest coverage ratio0.2x
CashCN¥819.05m
EquityCN¥2.85b
Total liabilitiesCN¥2.85b
Total assetsCN¥5.70b

Recent financial health updates

No updates

Recent updates

The Market Doesn't Like What It Sees From Suzhou Chunqiu Electronic Technology Co., Ltd.'s (SHSE:603890) Revenues Yet

Feb 28
The Market Doesn't Like What It Sees From Suzhou Chunqiu Electronic Technology Co., Ltd.'s (SHSE:603890) Revenues Yet

Financial Position Analysis

Short Term Liabilities: 603890's short term assets (CN¥3.1B) exceed its short term liabilities (CN¥1.9B).

Long Term Liabilities: 603890's short term assets (CN¥3.1B) exceed its long term liabilities (CN¥903.1M).


Debt to Equity History and Analysis

Debt Level: 603890's net debt to equity ratio (20.5%) is considered satisfactory.

Reducing Debt: 603890's debt to equity ratio has increased from 25.5% to 49.3% over the past 5 years.

Debt Coverage: 603890's debt is well covered by operating cash flow (39.7%).

Interest Coverage: 603890's interest payments on its debt are not well covered by EBIT (0.2x coverage).


Balance Sheet


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