Shengyi Electronics Balance Sheet Health
Financial Health criteria checks 6/6
Shengyi Electronics has a total shareholder equity of CN¥4.0B and total debt of CN¥1.2B, which brings its debt-to-equity ratio to 29%. Its total assets and total liabilities are CN¥7.0B and CN¥2.9B respectively. Shengyi Electronics's EBIT is CN¥123.1M making its interest coverage ratio 3.2. It has cash and short-term investments of CN¥366.2M.
Key information
29.0%
Debt to equity ratio
CN¥1.17b
Debt
| Interest coverage ratio | 3.2x |
| Cash | CN¥366.18m |
| Equity | CN¥4.05b |
| Total liabilities | CN¥2.92b |
| Total assets | CN¥6.96b |
Recent financial health updates
Here's Why Shengyi Electronics (SHSE:688183) Has A Meaningful Debt Burden
Oct 29
Shengyi Electronics (SHSE:688183) Is Making Moderate Use Of Debt
Jun 03Recent updates
Investors Appear Satisfied With Shengyi Electronics Co., Ltd.'s (SHSE:688183) Prospects As Shares Rocket 31%
Dec 18Shengyi Electronics' (SHSE:688183) Returns On Capital Not Reflecting Well On The Business
Nov 25Here's Why Shengyi Electronics (SHSE:688183) Has A Meaningful Debt Burden
Oct 29What Shengyi Electronics Co., Ltd.'s (SHSE:688183) 34% Share Price Gain Is Not Telling You
Oct 02We Believe That Shengyi Electronics' (SHSE:688183) Weak Earnings Are A Good Indicator Of Underlying Profitability
Sep 03Shengyi Electronics Co., Ltd. (SHSE:688183) Shares May Have Slumped 27% But Getting In Cheap Is Still Unlikely
Aug 15Shengyi Electronics Co., Ltd.'s (SHSE:688183) 98% Price Boost Is Out Of Tune With Revenues
Jun 13Shengyi Electronics (SHSE:688183) Is Making Moderate Use Of Debt
Jun 03Shengyi Electronics Co., Ltd. (SHSE:688183) Surges 34% Yet Its Low P/S Is No Reason For Excitement
Mar 06Financial Position Analysis
Short Term Liabilities: 688183's short term assets (CN¥2.9B) exceed its short term liabilities (CN¥2.7B).
Long Term Liabilities: 688183's short term assets (CN¥2.9B) exceed its long term liabilities (CN¥204.2M).
Debt to Equity History and Analysis
Debt Level: 688183's net debt to equity ratio (19.9%) is considered satisfactory.
Reducing Debt: 688183's debt to equity ratio has reduced from 46.9% to 29% over the past 5 years.
Debt Coverage: 688183's debt is well covered by operating cash flow (34.4%).
Interest Coverage: 688183's interest payments on its debt are well covered by EBIT (3.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 16:35 |
| End of Day Share Price | 2024/12/23 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 Electronics Co., Ltd. is covered by 3 analysts. 1 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 |
|---|---|
| Fan Yan | China Merchants Securities Co. Ltd. |
| Tao Xu | Citic Securities Co., Ltd. |
| Jian Pan | Tianfeng Securities Brokerage Co., Ltd |