Shenzhen Everwin Precision Technology Balance Sheet Health
Financial Health criteria checks 4/6
Shenzhen Everwin Precision Technology has a total shareholder equity of CN¥6.4B and total debt of CN¥7.6B, which brings its debt-to-equity ratio to 118.4%. Its total assets and total liabilities are CN¥18.9B and CN¥12.5B respectively. Shenzhen Everwin Precision Technology's EBIT is CN¥405.8M making its interest coverage ratio 6.3. It has cash and short-term investments of CN¥2.6B.
Key information
118.4%
Debt to equity ratio
CN¥7.61b
Debt
| Interest coverage ratio | 6.3x |
| Cash | CN¥2.63b |
| Equity | CN¥6.43b |
| Total liabilities | CN¥12.51b |
| Total assets | CN¥18.94b |
Recent financial health updates
Recent updates
Is Shenzhen Everwin Precision Technology (SZSE:300115) Using Too Much Debt?
May 07
A Look At The Intrinsic Value Of Shenzhen Everwin Precision Technology Co., Ltd. (SZSE:300115)
Apr 15Shenzhen Everwin Precision Technology's (SZSE:300115) Solid Earnings May Rest On Weak Foundations
Mar 25Shenzhen Everwin Precision Technology Co., Ltd.'s (SZSE:300115) Shares Bounce 27% But Its Business Still Trails The Industry
Mar 04Shenzhen Everwin Precision Technology (SZSE:300115) Might Be Having Difficulty Using Its Capital Effectively
Feb 28Financial Position Analysis
Short Term Liabilities: 300115's short term assets (CN¥10.0B) exceed its short term liabilities (CN¥9.7B).
Long Term Liabilities: 300115's short term assets (CN¥10.0B) exceed its long term liabilities (CN¥2.8B).
Debt to Equity History and Analysis
Debt Level: 300115's net debt to equity ratio (77.5%) is considered high.
Reducing Debt: 300115's debt to equity ratio has increased from 64.3% to 118.4% over the past 5 years.
Debt Coverage: 300115's debt is well covered by operating cash flow (26.9%).
Interest Coverage: 300115's interest payments on its debt are well covered by EBIT (6.3x coverage).