Shenzhen Deren Electronic Balance Sheet Health
Financial Health criteria checks 4/6
Shenzhen Deren Electronic has a total shareholder equity of CN¥2.3B and total debt of CN¥566.7M, which brings its debt-to-equity ratio to 25%. Its total assets and total liabilities are CN¥7.6B and CN¥5.3B respectively.
Key information
25.0%
Debt to equity ratio
CN¥566.68m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥209.38m |
| Equity | CN¥2.27b |
| Total liabilities | CN¥5.29b |
| Total assets | CN¥7.56b |
Recent financial health updates
Recent updates
Shenzhen Deren Electronic Co., Ltd. (SZSE:002055) Surges 31% Yet Its Low P/S Is No Reason For Excitement
Dec 26
There's No Escaping Shenzhen Deren Electronic Co., Ltd.'s (SZSE:002055) Muted Revenues
Oct 07Does Shenzhen Deren Electronic (SZSE:002055) Have A Healthy Balance Sheet?
Jun 05Revenues Working Against Shenzhen Deren Electronic Co., Ltd.'s (SZSE:002055) Share Price Following 33% Dive
Apr 23Shenzhen Deren Electronic Co., Ltd.'s (SZSE:002055) Price Is Right But Growth Is Lacking After Shares Rocket 38%
Mar 08Financial Position Analysis
Short Term Liabilities: 002055's short term assets (CN¥3.6B) exceed its short term liabilities (CN¥3.3B).
Long Term Liabilities: 002055's short term assets (CN¥3.6B) exceed its long term liabilities (CN¥2.0B).
Debt to Equity History and Analysis
Debt Level: 002055's net debt to equity ratio (15.7%) is considered satisfactory.
Reducing Debt: 002055's debt to equity ratio has reduced from 85.4% to 25% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 002055 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 002055 has less than a year of cash runway if free cash flow continues to grow at historical rates of 1% each year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/01 05:57 |
| End of Day Share Price | 2025/01/27 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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
| |
| 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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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
Shenzhen Deren Electronic Co., Ltd. is covered by 15 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 |
|---|---|
| Cai Fu | China Minzu Securities |
| Kai Liu | Everbright Securities Co. Ltd. |
| Xin Gong | First Capital Securities Co. LTD. |