Shenzhen MinDe Electronics Technology Balance Sheet Health
Financial Health criteria checks 4/6
Shenzhen MinDe Electronics Technology has a total shareholder equity of CN¥1.1B and total debt of CN¥410.6M, which brings its debt-to-equity ratio to 36.3%. Its total assets and total liabilities are CN¥1.7B and CN¥535.5M respectively. Shenzhen MinDe Electronics Technology's EBIT is CN¥50.5M making its interest coverage ratio 3.6. It has cash and short-term investments of CN¥101.6M.
Key information
36.3%
Debt to equity ratio
CN¥410.65m
Debt
| Interest coverage ratio | 3.6x |
| Cash | CN¥101.58m |
| Equity | CN¥1.13b |
| Total liabilities | CN¥535.48m |
| Total assets | CN¥1.67b |
Recent financial health updates
Is Shenzhen MinDe Electronics Technology (SZSE:300656) A Risky Investment?
Nov 18
Is Shenzhen MinDe Electronics Technology (SZSE:300656) A Risky Investment?
Jun 06Recent updates
Is Shenzhen MinDe Electronics Technology (SZSE:300656) A Risky Investment?
Nov 18Shenzhen MinDe Electronics Technology (SZSE:300656) Could Be Struggling To Allocate Capital
Oct 22Shenzhen MinDe Electronics Technology Ltd.'s (SZSE:300656) 26% Share Price Surge Not Quite Adding Up
Sep 30Some Investors May Be Worried About Shenzhen MinDe Electronics Technology's (SZSE:300656) Returns On Capital
Jul 05What Shenzhen MinDe Electronics Technology Ltd.'s (SZSE:300656) 30% Share Price Gain Is Not Telling You
Jun 07Is Shenzhen MinDe Electronics Technology (SZSE:300656) A Risky Investment?
Jun 06We Think You Can Look Beyond Shenzhen MinDe Electronics Technology's (SZSE:300656) Lackluster Earnings
Apr 26Financial Position Analysis
Short Term Liabilities: 300656's short term assets (CN¥477.6M) exceed its short term liabilities (CN¥336.0M).
Long Term Liabilities: 300656's short term assets (CN¥477.6M) exceed its long term liabilities (CN¥199.5M).
Debt to Equity History and Analysis
Debt Level: 300656's net debt to equity ratio (27.3%) is considered satisfactory.
Reducing Debt: 300656's debt to equity ratio has increased from 7.2% to 36.3% over the past 5 years.
Debt Coverage: 300656's debt is not well covered by operating cash flow (19.9%).
Interest Coverage: 300656's interest payments on its debt are well covered by EBIT (3.6x coverage).