Guangzhou Shiyuan Electronic Technology Balance Sheet Health
Financial Health criteria checks 5/6
Guangzhou Shiyuan Electronic Technology has a total shareholder equity of CN¥12.8B and total debt of CN¥2.9B, which brings its debt-to-equity ratio to 22.4%. Its total assets and total liabilities are CN¥22.3B and CN¥9.6B respectively. Guangzhou Shiyuan Electronic Technology's EBIT is CN¥1.5B making its interest coverage ratio -3.3. It has cash and short-term investments of CN¥6.5B.
Key information
22.4%
Debt to equity ratio
CN¥2.86b
Debt
| Interest coverage ratio | -3.3x |
| Cash | CN¥6.49b |
| Equity | CN¥12.76b |
| Total liabilities | CN¥9.58b |
| Total assets | CN¥22.34b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002841's short term assets (CN¥14.7B) exceed its short term liabilities (CN¥8.9B).
Long Term Liabilities: 002841's short term assets (CN¥14.7B) exceed its long term liabilities (CN¥708.2M).
Debt to Equity History and Analysis
Debt Level: 002841 has more cash than its total debt.
Reducing Debt: 002841's debt to equity ratio has increased from 0.3% to 22.4% over the past 5 years.
Debt Coverage: 002841's debt is well covered by operating cash flow (50.9%).
Interest Coverage: 002841 earns more interest than it pays, so coverage of interest payments is not a concern.