Guangzhou Shiyuan Electronic Technology Balance Sheet Health
Financial Health criteria checks 4/6
Guangzhou Shiyuan Electronic Technology has a total shareholder equity of CN¥13.0B and total debt of CN¥3.5B, which brings its debt-to-equity ratio to 26.9%. Its total assets and total liabilities are CN¥23.1B and CN¥10.1B respectively. Guangzhou Shiyuan Electronic Technology's EBIT is CN¥995.9M making its interest coverage ratio -2.9. It has cash and short-term investments of CN¥4.5B.
Key information
26.9%
Debt to equity ratio
CN¥3.50b
Debt
| Interest coverage ratio | -2.9x |
| Cash | CN¥4.46b |
| Equity | CN¥13.02b |
| Total liabilities | CN¥10.10b |
| Total assets | CN¥23.11b |
Recent financial health updates
We Think Guangzhou Shiyuan Electronic Technology (SZSE:002841) Can Stay On Top Of Its Debt
Sep 22
Guangzhou Shiyuan Electronic Technology (SZSE:002841) Has A Pretty Healthy Balance Sheet
May 27Recent updates
Investors Could Be Concerned With Guangzhou Shiyuan Electronic Technology's (SZSE:002841) Returns On Capital
Oct 10We Think Guangzhou Shiyuan Electronic Technology (SZSE:002841) Can Stay On Top Of Its Debt
Sep 22We Think That There Are More Issues For Guangzhou Shiyuan Electronic Technology (SZSE:002841) Than Just Sluggish Earnings
Sep 02Estimating The Fair Value Of Guangzhou Shiyuan Electronic Technology Company Limited (SZSE:002841)
Jul 12Investors Aren't Buying Guangzhou Shiyuan Electronic Technology Company Limited's (SZSE:002841) Earnings
Jun 26Guangzhou Shiyuan Electronic Technology (SZSE:002841) Has A Pretty Healthy Balance Sheet
May 27Guangzhou Shiyuan Electronic Technology Company Limited (SZSE:002841) Shares Could Be 33% Above Their Intrinsic Value Estimate
Apr 09Investors Don't See Light At End Of Guangzhou Shiyuan Electronic Technology Company Limited's (SZSE:002841) Tunnel
Feb 26Financial Position Analysis
Short Term Liabilities: 002841's short term assets (CN¥10.1B) exceed its short term liabilities (CN¥9.2B).
Long Term Liabilities: 002841's short term assets (CN¥10.1B) exceed its long term liabilities (CN¥941.9M).
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 17% to 26.9% over the past 5 years.
Debt Coverage: 002841's debt is not well covered by operating cash flow (4.9%).
Interest Coverage: 002841 earns more interest than it pays, so coverage of interest payments is not a concern.