ShenzhenJingQuanHua ElectronicsLtd Balance Sheet Health
Financial Health criteria checks 5/6
ShenzhenJingQuanHua ElectronicsLtd has a total shareholder equity of CN¥1.4B and total debt of CN¥484.0M, which brings its debt-to-equity ratio to 33.9%. Its total assets and total liabilities are CN¥3.2B and CN¥1.7B respectively.
Key information
33.9%
Debt to equity ratio
CN¥483.96m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥720.37m |
| Equity | CN¥1.43b |
| Total liabilities | CN¥1.73b |
| Total assets | CN¥3.15b |
Recent financial health updates
No updates
Recent updates
Capital Allocation Trends At ShenzhenJingQuanHua ElectronicsLtd (SZSE:002885) Aren't Ideal
Oct 27
The Market Doesn't Like What It Sees From ShenzhenJingQuanHua Electronics Co.,Ltd.'s (SZSE:002885) Revenues Yet
Oct 01ShenzhenJingQuanHua ElectronicsLtd's (SZSE:002885) Conservative Accounting Might Explain Soft Earnings
May 06Optimistic Investors Push ShenzhenJingQuanHua Electronics Co.,Ltd. (SZSE:002885) Shares Up 35% But Growth Is Lacking
Mar 07Financial Position Analysis
Short Term Liabilities: 002885's short term assets (CN¥2.4B) exceed its short term liabilities (CN¥1.6B).
Long Term Liabilities: 002885's short term assets (CN¥2.4B) exceed its long term liabilities (CN¥135.4M).
Debt to Equity History and Analysis
Debt Level: 002885 has more cash than its total debt.
Reducing Debt: 002885's debt to equity ratio has reduced from 38.2% to 33.9% over the past 5 years.
Debt Coverage: 002885's debt is well covered by operating cash flow (24.5%).
Interest Coverage: Insufficient data to determine if 002885's interest payments on its debt are well covered by EBIT.