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
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/16 00:38 |
| End of Day Share Price | 2025/02/14 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 |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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 Github.
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. |