Shenzhen Longood Intelligent ElectricLTD Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen Longood Intelligent ElectricLTD has a total shareholder equity of CN¥1.1B and total debt of CN¥376.3M, which brings its debt-to-equity ratio to 34%. Its total assets and total liabilities are CN¥2.0B and CN¥907.5M respectively. Shenzhen Longood Intelligent ElectricLTD's EBIT is CN¥9.3M making its interest coverage ratio -0.5. It has cash and short-term investments of CN¥518.9M.
Key information
34.0%
Debt to equity ratio
CN¥376.28m
Debt
| Interest coverage ratio | -0.5x |
| Cash | CN¥518.85m |
| Equity | CN¥1.11b |
| Total liabilities | CN¥907.52m |
| Total assets | CN¥2.02b |
Recent financial health updates
No updates
Recent updates
Shenzhen Longood Intelligent ElectricLTD (SZSE:300543) Is Reducing Its Dividend To CN¥0.05
Jun 03
We Think You Can Look Beyond Shenzhen Longood Intelligent ElectricLTD's (SZSE:300543) Lackluster Earnings
May 02Shenzhen Longood Intelligent ElectricLTD (SZSE:300543) Could Be Struggling To Allocate Capital
Mar 28Optimistic Investors Push Shenzhen Longood Intelligent Electric Co.,LTD (SZSE:300543) Shares Up 33% But Growth Is Lacking
Mar 06Financial Position Analysis
Short Term Liabilities: 300543's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥523.7M).
Long Term Liabilities: 300543's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥383.8M).
Debt to Equity History and Analysis
Debt Level: 300543 has more cash than its total debt.
Reducing Debt: 300543's debt to equity ratio has increased from 0% to 34% over the past 5 years.
Debt Coverage: 300543's debt is well covered by operating cash flow (34.1%).
Interest Coverage: 300543 earns more interest than it pays, so coverage of interest payments is not a concern.