Shenzhen Xunjiexing Technology Balance Sheet Health
Financial Health criteria checks 4/6
Shenzhen Xunjiexing Technology has a total shareholder equity of CN¥687.1M and total debt of CN¥143.5M, which brings its debt-to-equity ratio to 20.9%. Its total assets and total liabilities are CN¥1.1B and CN¥413.1M respectively. Shenzhen Xunjiexing Technology's EBIT is CN¥996.0K making its interest coverage ratio 0.9. It has cash and short-term investments of CN¥133.8M.
Key information
20.9%
Debt to equity ratio
CN¥143.46m
Debt
| Interest coverage ratio | 0.9x |
| Cash | CN¥133.75m |
| Equity | CN¥687.06m |
| Total liabilities | CN¥413.07m |
| Total assets | CN¥1.10b |
Recent financial health updates
No updates
Recent updates
There's Reason For Concern Over Shenzhen Xunjiexing Technology Corp. Ltd.'s (SHSE:688655) Massive 40% Price Jump
Oct 09
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¥391.4M) exceed its short term liabilities (CN¥273.7M).
Long Term Liabilities: 688655's short term assets (CN¥391.4M) exceed its long term liabilities (CN¥139.3M).
Debt to Equity History and Analysis
Debt Level: 688655's net debt to equity ratio (1.4%) is considered satisfactory.
Reducing Debt: 688655's debt to equity ratio has increased from 3.7% to 20.9% over the past 5 years.
Debt Coverage: 688655's debt is well covered by operating cash flow (46.9%).
Interest Coverage: 688655's interest payments on its debt are not well covered by EBIT (0.9x coverage).