Shennan Circuit Balance Sheet Health
Financial Health criteria checks 6/6
Shennan Circuit has a total shareholder equity of CN¥13.6B and total debt of CN¥3.3B, which brings its debt-to-equity ratio to 24.1%. Its total assets and total liabilities are CN¥23.3B and CN¥9.8B respectively. Shennan Circuit's EBIT is CN¥1.1B making its interest coverage ratio 19.3. It has cash and short-term investments of CN¥1.4B.
Key information
24.1%
Debt to equity ratio
CN¥3.27b
Debt
| Interest coverage ratio | 19.3x |
| Cash | CN¥1.45b |
| Equity | CN¥13.57b |
| Total liabilities | CN¥9.77b |
| Total assets | CN¥23.34b |
Recent financial health updates
No updates
Recent updates
Concerns Surrounding Shennan Circuit's (SZSE:002916) Performance
Apr 22
Capital 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¥9.1B) exceed its short term liabilities (CN¥6.7B).
Long Term Liabilities: 002916's short term assets (CN¥9.1B) exceed its long term liabilities (CN¥3.1B).
Debt to Equity History and Analysis
Debt Level: 002916's net debt to equity ratio (13.5%) is considered satisfactory.
Reducing Debt: 002916's debt to equity ratio has reduced from 37.3% to 24.1% over the past 5 years.
Debt Coverage: 002916's debt is well covered by operating cash flow (75.3%).
Interest Coverage: 002916's interest payments on its debt are well covered by EBIT (19.3x coverage).