Shenzhen Mason TechnologiesLtd Balance Sheet Health
Financial Health criteria checks 4/6
Shenzhen Mason TechnologiesLtd has a total shareholder equity of CN¥1.5B and total debt of CN¥702.0M, which brings its debt-to-equity ratio to 45.9%. Its total assets and total liabilities are CN¥4.2B and CN¥2.6B respectively. Shenzhen Mason TechnologiesLtd's EBIT is CN¥7.5M making its interest coverage ratio -0.3. It has cash and short-term investments of CN¥332.3M.
Key information
45.9%
Debt to equity ratio
CN¥701.98m
Debt
| Interest coverage ratio | -0.3x |
| Cash | CN¥332.28m |
| Equity | CN¥1.53b |
| Total liabilities | CN¥2.65b |
| Total assets | CN¥4.18b |
Recent financial health updates
Recent updates
We Think Shenzhen Mason TechnologiesLtd's (SZSE:002654) Robust Earnings Are Conservative
May 03
Why Investors Shouldn't Be Surprised By Shenzhen Mason Technologies Co.,Ltd's (SZSE:002654) 28% Share Price Plunge
Apr 16Is Shenzhen Mason TechnologiesLtd (SZSE:002654) Using Too Much Debt?
Mar 28Shenzhen Mason Technologies Co.,Ltd (SZSE:002654) Surges 30% Yet Its Low P/S Is No Reason For Excitement
Mar 01Financial Position Analysis
Short Term Liabilities: 002654's short term assets (CN¥2.6B) exceed its short term liabilities (CN¥2.1B).
Long Term Liabilities: 002654's short term assets (CN¥2.6B) exceed its long term liabilities (CN¥587.7M).
Debt to Equity History and Analysis
Debt Level: 002654's net debt to equity ratio (24.2%) is considered satisfactory.
Reducing Debt: 002654's debt to equity ratio has increased from 28.9% to 45.9% over the past 5 years.
Debt Coverage: 002654's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 002654 earns more interest than it pays, so coverage of interest payments is not a concern.