Shenzhen Everwin Precision Technology Balance Sheet Health
Financial Health criteria checks 4/6
Shenzhen Everwin Precision Technology has a total shareholder equity of CN¥8.1B and total debt of CN¥6.6B, which brings its debt-to-equity ratio to 81.6%. Its total assets and total liabilities are CN¥20.2B and CN¥12.1B respectively. Shenzhen Everwin Precision Technology's EBIT is CN¥708.4M making its interest coverage ratio 19.1. It has cash and short-term investments of CN¥2.6B.
Key information
81.6%
Debt to equity ratio
CN¥6.59b
Debt
| Interest coverage ratio | 19.1x |
| Cash | CN¥2.63b |
| Equity | CN¥8.08b |
| Total liabilities | CN¥12.11b |
| Total assets | CN¥20.19b |
Recent financial health updates
Is Shenzhen Everwin Precision Technology (SZSE:300115) A Risky Investment?
Oct 22
Is Shenzhen Everwin Precision Technology (SZSE:300115) Using Too Much Debt?
May 07Recent updates
Estimating The Fair Value Of Shenzhen Everwin Precision Technology Co., Ltd. (SZSE:300115)
Nov 11Is Shenzhen Everwin Precision Technology (SZSE:300115) A Risky Investment?
Oct 22Further Upside For Shenzhen Everwin Precision Technology Co., Ltd. (SZSE:300115) Shares Could Introduce Price Risks After 51% Bounce
Oct 08What Is Shenzhen Everwin Precision Technology Co., Ltd.'s (SZSE:300115) Share Price Doing?
Sep 30Estimating The Intrinsic Value Of Shenzhen Everwin Precision Technology Co., Ltd. (SZSE:300115)
Jul 29Getting In Cheap On Shenzhen Everwin Precision Technology Co., Ltd. (SZSE:300115) Might Be Difficult
Jul 12What Does Shenzhen Everwin Precision Technology Co., Ltd.'s (SZSE:300115) Share Price Indicate?
Jun 21Is Shenzhen Everwin Precision Technology (SZSE:300115) Using Too Much Debt?
May 07A 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¥11.0B) exceed its short term liabilities (CN¥10.2B).
Long Term Liabilities: 300115's short term assets (CN¥11.0B) exceed its long term liabilities (CN¥1.9B).
Debt to Equity History and Analysis
Debt Level: 300115's net debt to equity ratio (49%) is considered high.
Reducing Debt: 300115's debt to equity ratio has increased from 56.6% to 81.6% over the past 5 years.
Debt Coverage: 300115's debt is well covered by operating cash flow (21.8%).
Interest Coverage: 300115's interest payments on its debt are well covered by EBIT (19.1x coverage).