Shenzhen Topband Balance Sheet Health
Financial Health criteria checks 6/6
Shenzhen Topband has a total shareholder equity of CN¥6.6B and total debt of CN¥1.3B, which brings its debt-to-equity ratio to 19.3%. Its total assets and total liabilities are CN¥12.3B and CN¥5.7B respectively. Shenzhen Topband's EBIT is CN¥737.3M making its interest coverage ratio -0.3. It has cash and short-term investments of CN¥2.3B.
Key information
19.3%
Debt to equity ratio
CN¥1.26b
Debt
| Interest coverage ratio | -0.3x |
| Cash | CN¥2.33b |
| Equity | CN¥6.55b |
| Total liabilities | CN¥5.71b |
| Total assets | CN¥12.27b |
Recent financial health updates
Recent updates
Returns On Capital Are Showing Encouraging Signs At Shenzhen Topband (SZSE:002139)
Nov 10
Shenzhen Topband Co., Ltd.'s (SZSE:002139) Shares Not Telling The Full Story
Oct 03Here's Why Shenzhen Topband (SZSE:002139) Can Manage Its Debt Responsibly
Jul 22Shenzhen Topband (SZSE:002139) Hasn't Managed To Accelerate Its Returns
Jul 04A Look At The Fair Value Of Shenzhen Topband Co., Ltd. (SZSE:002139)
May 28Shenzhen Topband (SZSE:002139) Has Announced A Dividend Of CN¥0.06
May 08Revenue Beat: Shenzhen Topband Co., Ltd. Exceeded Revenue Forecasts By 6.6% And Analysts Are Updating Their Estimates
Apr 25Earnings Miss: Shenzhen Topband Co., Ltd. Missed EPS By 11% And Analysts Are Revising Their Forecasts
Mar 29Shenzhen Topband (SZSE:002139) Could Be Struggling To Allocate Capital
Mar 21Shenzhen Topband Co., Ltd. (SZSE:002139) Stock Rockets 29% But Many Are Still Ignoring The Company
Mar 04Financial Position Analysis
Short Term Liabilities: 002139's short term assets (CN¥7.6B) exceed its short term liabilities (CN¥5.3B).
Long Term Liabilities: 002139's short term assets (CN¥7.6B) exceed its long term liabilities (CN¥439.0M).
Debt to Equity History and Analysis
Debt Level: 002139 has more cash than its total debt.
Reducing Debt: 002139's debt to equity ratio has reduced from 27.1% to 19.3% over the past 5 years.
Debt Coverage: 002139's debt is well covered by operating cash flow (96.1%).
Interest Coverage: 002139 earns more interest than it pays, so coverage of interest payments is not a concern.