Shenzhen Textile (Holdings) Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen Textile (Holdings) has a total shareholder equity of CN¥4.2B and total debt of CN¥383.7M, which brings its debt-to-equity ratio to 9.1%. Its total assets and total liabilities are CN¥5.5B and CN¥1.3B respectively. Shenzhen Textile (Holdings)'s EBIT is CN¥201.1M making its interest coverage ratio 27. It has cash and short-term investments of CN¥1.2B.
Key information
9.1%
Debt to equity ratio
CN¥383.73m
Debt
| Interest coverage ratio | 27x |
| Cash | CN¥1.16b |
| Equity | CN¥4.20b |
| Total liabilities | CN¥1.33b |
| Total assets | CN¥5.53b |
Recent financial health updates
No updates
Recent updates
Shenzhen Textile (Holdings)'s (SZSE:000045) Returns On Capital Are Heading Higher
Dec 20
Shenzhen Textile (Holdings) Co., Ltd.'s (SZSE:000045) 28% Price Boost Is Out Of Tune With Earnings
Oct 25Shenzhen Textile (Holdings)'s (SZSE:000045) Upcoming Dividend Will Be Larger Than Last Year's
Jun 07Shenzhen Textile (Holdings)'s (SZSE:000045) Profits Appear To Have Quality Issues
Apr 03What Shenzhen Textile (Holdings) Co., Ltd.'s (SZSE:000045) 30% Share Price Gain Is Not Telling You
Mar 08There's Been No Shortage Of Growth Recently For Shenzhen Textile (Holdings)'s (SZSE:000045) Returns On Capital
Feb 27Financial Position Analysis
Short Term Liabilities: 000045's short term assets (CN¥3.1B) exceed its short term liabilities (CN¥906.3M).
Long Term Liabilities: 000045's short term assets (CN¥3.1B) exceed its long term liabilities (CN¥419.9M).
Debt to Equity History and Analysis
Debt Level: 000045 has more cash than its total debt.
Reducing Debt: 000045's debt to equity ratio has increased from 0.7% to 9.1% over the past 5 years.
Debt Coverage: 000045's debt is well covered by operating cash flow (74.9%).
Interest Coverage: 000045's interest payments on its debt are well covered by EBIT (27x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 03:32 |
| End of Day Share Price | 2024/12/25 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
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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
Shenzhen Textile (Holdings) Co., Ltd. is covered by 2 analysts. 0 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 |
|---|---|
| Xiaoming Bo | Avic Securities Co., Ltd |
| Zhijian Chen | Changjiang Securities Co. LTD. |