Shenzhen Friendcom Technology Development Co., Ltd.

SZSE:300514 Stock Report

Market Cap: CN¥2.9b

Shenzhen Friendcom Technology Development Balance Sheet Health

Financial Health criteria checks 6/6

Shenzhen Friendcom Technology Development has a total shareholder equity of CN¥1.0B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.4B and CN¥410.6M respectively. Shenzhen Friendcom Technology Development's EBIT is CN¥201.8M making its interest coverage ratio -10.1. It has cash and short-term investments of CN¥472.3M.

Key information

0%

Debt to equity ratio

CN¥0

Debt

Interest coverage ratio-10.1x
CashCN¥472.27m
EquityCN¥1.00b
Total liabilitiesCN¥410.62m
Total assetsCN¥1.41b

Recent financial health updates

No updates

Recent updates

We Think Shenzhen Friendcom Technology Development's (SZSE:300514) Healthy Earnings Might Be Conservative

Nov 04
We Think Shenzhen Friendcom Technology Development's (SZSE:300514) Healthy Earnings Might Be Conservative

Shenzhen Friendcom Technology Development (SZSE:300514) Is Investing Its Capital With Increasing Efficiency

Sep 30
Shenzhen Friendcom Technology Development (SZSE:300514) Is Investing Its Capital With Increasing Efficiency

Here's Why We Think Shenzhen Friendcom Technology Development (SZSE:300514) Might Deserve Your Attention Today

May 28
Here's Why We Think Shenzhen Friendcom Technology Development (SZSE:300514) Might Deserve Your Attention Today

We Think Shenzhen Friendcom Technology Development's (SZSE:300514) Robust Earnings Are Conservative

Apr 03
We Think Shenzhen Friendcom Technology Development's (SZSE:300514) Robust Earnings Are Conservative

Shenzhen Friendcom Technology Development Co., Ltd. (SZSE:300514) Soars 26% But It's A Story Of Risk Vs Reward

Mar 04
Shenzhen Friendcom Technology Development Co., Ltd. (SZSE:300514) Soars 26% But It's A Story Of Risk Vs Reward

Financial Position Analysis

Short Term Liabilities: 300514's short term assets (CN¥888.6M) exceed its short term liabilities (CN¥403.1M).

Long Term Liabilities: 300514's short term assets (CN¥888.6M) exceed its long term liabilities (CN¥7.5M).


Debt to Equity History and Analysis

Debt Level: 300514 is debt free.

Reducing Debt: 300514 has no debt compared to 5 years ago when its debt to equity ratio was 18%.

Debt Coverage: 300514 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 300514 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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