Shenzhen Xunjiexing Technology Balance Sheet Health
Financial Health criteria checks 3/6
Shenzhen Xunjiexing Technology has a total shareholder equity of CN¥692.5M and total debt of CN¥141.0M, which brings its debt-to-equity ratio to 20.4%. Its total assets and total liabilities are CN¥1.1B and CN¥395.6M respectively.
Key information
20.4%
Debt to equity ratio
CN¥141.01m
Debt
Interest coverage ratio | n/a |
Cash | CN¥179.18m |
Equity | CN¥692.47m |
Total liabilities | CN¥395.64m |
Total assets | CN¥1.09b |
Recent financial health updates
No updates
Recent updates
Improved Revenues Required Before Shenzhen Xunjiexing Technology Corp. Ltd. (SHSE:688655) Shares Find Their Feet
Jul 04Shenzhen Xunjiexing Technology's (SHSE:688655) Shareholders Have More To Worry About Than Only Soft Earnings
May 03Shenzhen Xunjiexing Technology Corp. Ltd.'s (SHSE:688655) Shares Bounce 27% But Its Business Still Trails The Industry
Mar 07Financial Position Analysis
Short Term Liabilities: 688655's short term assets (CN¥420.9M) exceed its short term liabilities (CN¥271.4M).
Long Term Liabilities: 688655's short term assets (CN¥420.9M) exceed its long term liabilities (CN¥124.2M).
Debt to Equity History and Analysis
Debt Level: 688655 has more cash than its total debt.
Reducing Debt: 688655's debt to equity ratio has increased from 2.4% to 20.4% over the past 5 years.
Debt Coverage: 688655's debt is not well covered by operating cash flow (17.9%).
Interest Coverage: Insufficient data to determine if 688655's interest payments on its debt are well covered by EBIT.