Shenzhen Success Electronics Balance Sheet Health
Financial Health criteria checks 4/6
Shenzhen Success Electronics has a total shareholder equity of CN¥248.1M and total debt of CN¥26.0M, which brings its debt-to-equity ratio to 10.5%. Its total assets and total liabilities are CN¥321.7M and CN¥73.6M respectively.
Key information
10.5%
Debt to equity ratio
CN¥25.98m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥23.90m |
| Equity | CN¥248.09m |
| Total liabilities | CN¥73.60m |
| Total assets | CN¥321.70m |
Recent financial health updates
No updates
Recent updates
Optimistic Investors Push Shenzhen Success Electronics Co., Ltd (SZSE:002289) Shares Up 25% But Growth Is Lacking
Nov 08
Revenues Not Telling The Story For Shenzhen Success Electronics Co., Ltd (SZSE:002289) After Shares Rise 25%
Sep 03Shenzhen Success Electronics Co., Ltd's (SZSE:002289) 29% Share Price Plunge Could Signal Some Risk
Jun 30Shenzhen Success Electronics Co., Ltd's (SZSE:002289) Popularity With Investors Under Threat As Stock Sinks 28%
Apr 23Financial Position Analysis
Short Term Liabilities: 002289's short term assets (CN¥114.1M) exceed its short term liabilities (CN¥46.6M).
Long Term Liabilities: 002289's short term assets (CN¥114.1M) exceed its long term liabilities (CN¥27.0M).
Debt to Equity History and Analysis
Debt Level: 002289's net debt to equity ratio (0.8%) is considered satisfactory.
Reducing Debt: 002289's debt to equity ratio has reduced from 50.3% to 10.5% 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: 002289 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 002289 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 20.2% each year
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/02 18:31 |
| 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 |
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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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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 Success Electronics Co., Ltd is covered by 4 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 |
|---|---|
| Zhijian Chen | Changjiang Securities Co. LTD. |
| Tian Rui Wang | Everbright Securities Co. Ltd. |
| null null | Great Wall Securities Co., Ltd. |