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
Is Shennan Circuit (SZSE:002916) Using Too Much Debt?
Dec 05
Here's Why Shennan Circuit (SZSE:002916) Can Manage Its Debt Responsibly
Aug 28Is 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
Feb 25Calculating The Fair Value Of Shennan Circuit Company Limited (SZSE:002916)
Jan 26Shennan Circuit Company Limited's (SZSE:002916) Share Price Boosted 26% But Its Business Prospects Need A Lift Too
Dec 25If EPS Growth Is Important To You, Shennan Circuit (SZSE:002916) Presents An Opportunity
Dec 20Is Shennan Circuit (SZSE:002916) Using Too Much Debt?
Dec 05Here'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 17Financial 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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/03/03 08:43 |
| End of Day Share Price | 2025/03/03 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Shennan Circuit Company Limited is covered by 26 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Lin-Ya Kao | BofA Global Research |
| Lin Su | CCB International Securities Limited |
| Yanting Ho | CCB International Securities Limited |