Shengyi Electronics Balance Sheet Health
Financial Health criteria checks 5/6
Shengyi Electronics has a total shareholder equity of CN¥3.9B and total debt of CN¥1.2B, which brings its debt-to-equity ratio to 29.8%. Its total assets and total liabilities are CN¥6.6B and CN¥2.8B respectively. Shengyi Electronics's EBIT is CN¥25.7M making its interest coverage ratio 0.7. It has cash and short-term investments of CN¥321.8M.
Key information
29.8%
Debt to equity ratio
CN¥1.16b
Debt
| Interest coverage ratio | 0.7x |
| Cash | CN¥321.80m |
| Equity | CN¥3.89b |
| Total liabilities | CN¥2.75b |
| Total assets | CN¥6.64b |
Recent financial health updates
Recent updates
We Believe That Shengyi Electronics' (SHSE:688183) Weak Earnings Are A Good Indicator Of Underlying Profitability
Sep 03
Shengyi 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¥2.5B) exceed its short term liabilities (CN¥2.4B).
Long Term Liabilities: 688183's short term assets (CN¥2.5B) exceed its long term liabilities (CN¥356.2M).
Debt to Equity History and Analysis
Debt Level: 688183's net debt to equity ratio (21.6%) is considered satisfactory.
Reducing Debt: 688183's debt to equity ratio has reduced from 39.5% to 29.8% over the past 5 years.
Debt Coverage: 688183's debt is well covered by operating cash flow (32%).
Interest Coverage: 688183's interest payments on its debt are not well covered by EBIT (0.7x coverage).