Shenzhen Sinovatio Technology Balance Sheet Health
Financial Health criteria checks 4/6
Shenzhen Sinovatio Technology has a total shareholder equity of CN¥1.6B and total debt of CN¥13.3M, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are CN¥2.0B and CN¥428.0M respectively.
Key information
0.8%
Debt to equity ratio
CN¥13.34m
Debt
Interest coverage ratio | n/a |
Cash | CN¥1.06b |
Equity | CN¥1.57b |
Total liabilities | CN¥427.97m |
Total assets | CN¥2.00b |
Recent financial health updates
No updates
Recent updates
Shenzhen Sinovatio Technology Co., Ltd. (SZSE:002912) Stocks Shoot Up 37% But Its P/S Still Looks Reasonable
Nov 18After Leaping 26% Shenzhen Sinovatio Technology Co., Ltd. (SZSE:002912) Shares Are Not Flying Under The Radar
Sep 28We Like Shenzhen Sinovatio Technology's (SZSE:002912) Earnings For More Than Just Statutory Profit
Apr 29Analysts Are More Bearish On Shenzhen Sinovatio Technology Co., Ltd. (SZSE:002912) Than They Used To Be
Mar 19Why Investors Shouldn't Be Surprised By Shenzhen Sinovatio Technology Co., Ltd.'s (SZSE:002912) P/S
Feb 28Financial Position Analysis
Short Term Liabilities: 002912's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥388.0M).
Long Term Liabilities: 002912's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥40.0M).
Debt to Equity History and Analysis
Debt Level: 002912 has more cash than its total debt.
Reducing Debt: 002912's debt to equity ratio has increased from 0% to 0.8% over the past 5 years.
Debt Coverage: 002912's debt is well covered by operating cash flow (2070%).
Interest Coverage: Insufficient data to determine if 002912's interest payments on its debt are well covered by EBIT.