Shennan Circuit Balance Sheet Health
Financial Health criteria checks 6/6
Shennan Circuit has a total shareholder equity of CN¥14.3B and total debt of CN¥3.3B, which brings its debt-to-equity ratio to 23.1%. Its total assets and total liabilities are CN¥24.8B and CN¥10.5B respectively. Shennan Circuit's EBIT is CN¥1.8B making its interest coverage ratio 29. It has cash and short-term investments of CN¥957.5M.
Key information
23.1%
Debt to equity ratio
CN¥3.29b
Debt
| Interest coverage ratio | 29x |
| Cash | CN¥957.45m |
| Equity | CN¥14.25b |
| Total liabilities | CN¥10.52b |
| Total assets | CN¥24.78b |
Recent financial health updates
Here's Why Shennan Circuit (SZSE:002916) Can Manage Its Debt Responsibly
Aug 28
Is Shennan Circuit (SZSE:002916) Using Too Much Debt?
May 08Recent updates
Here's What's Concerning About Shennan Circuit's (SZSE:002916) Returns On Capital
Nov 19Shennan Circuit's (SZSE:002916) Solid Profits Have Weak Fundamentals
Nov 04Revenue Beat: Shennan Circuit Company Limited Exceeded Revenue Forecasts By 15% And Analysts Are Updating Their Estimates
Oct 30Investor Optimism Abounds Shennan Circuit Company Limited (SZSE:002916) But Growth Is Lacking
Sep 30Calculating The Fair Value Of Shennan Circuit Company Limited (SZSE:002916)
Sep 14Here's Why Shennan Circuit (SZSE:002916) Can Manage Its Debt Responsibly
Aug 28Capital Allocation Trends At Shennan Circuit (SZSE:002916) Aren't Ideal
Jul 29Should You Be Adding Shennan Circuit (SZSE:002916) To Your Watchlist Today?
Jul 13What Shennan Circuit Company Limited's (SZSE:002916) P/E Is Not Telling You
Jun 25Shennan Circuit's (SZSE:002916) Dividend Will Be Reduced To CN¥0.90
May 26Calculating The Fair Value Of Shennan Circuit Company Limited (SZSE:002916)
May 23Is Shennan Circuit (SZSE:002916) Using Too Much Debt?
May 08Concerns Surrounding Shennan Circuit's (SZSE:002916) Performance
Apr 22Capital Allocation Trends At Shennan Circuit (SZSE:002916) Aren't Ideal
Apr 03CN¥81.25 - That's What Analysts Think Shennan Circuit Company Limited (SZSE:002916) Is Worth After These Results
Mar 17What Shennan Circuit Company Limited's (SZSE:002916) 31% Share Price Gain Is Not Telling You
Feb 29Financial Position Analysis
Short Term Liabilities: 002916's short term assets (CN¥10.4B) exceed its short term liabilities (CN¥7.6B).
Long Term Liabilities: 002916's short term assets (CN¥10.4B) exceed its long term liabilities (CN¥3.0B).
Debt to Equity History and Analysis
Debt Level: 002916's net debt to equity ratio (16.4%) is considered satisfactory.
Reducing Debt: 002916's debt to equity ratio has reduced from 40.2% to 23.1% over the past 5 years.
Debt Coverage: 002916's debt is well covered by operating cash flow (82.2%).
Interest Coverage: 002916's interest payments on its debt are well covered by EBIT (29x coverage).