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¥7.9M, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are CN¥2.1B and CN¥472.6M respectively.
Key information
0.5%
Debt to equity ratio
CN¥7.90m
Debt
Interest coverage ratio | n/a |
Cash | CN¥1.08b |
Equity | CN¥1.63b |
Total liabilities | CN¥472.65m |
Total assets | CN¥2.11b |
Recent financial health updates
No updates
Recent updates
We 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¥1.7B) exceed its short term liabilities (CN¥432.2M).
Long Term Liabilities: 002912's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥40.5M).
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 0.5% over the past 5 years.
Debt Coverage: 002912's debt is well covered by operating cash flow (2466.4%).
Interest Coverage: Insufficient data to determine if 002912's interest payments on its debt are well covered by EBIT.