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¥28.8M, which brings its debt-to-equity ratio to 11.6%. Its total assets and total liabilities are CN¥321.7M and CN¥73.6M respectively.
Key information
11.6%
Debt to equity ratio
CN¥28.82m
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
Revenues Not Telling The Story For Shenzhen Success Electronics Co., Ltd (SZSE:002289) After Shares Rise 25%
Sep 03
Shenzhen 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 (2%) is considered satisfactory.
Reducing Debt: 002289's debt to equity ratio has reduced from 50.3% to 11.6% 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