Shenglan Technology Co., Ltd.

SZSE:300843 Stock Report

Market Cap: CN¥4.6b

Shenglan Technology Balance Sheet Health

Financial Health criteria checks 5/6

Shenglan Technology has a total shareholder equity of CN¥1.3B and total debt of CN¥277.5M, which brings its debt-to-equity ratio to 22%. Its total assets and total liabilities are CN¥2.1B and CN¥812.5M respectively. Shenglan Technology's EBIT is CN¥64.9M making its interest coverage ratio -8. It has cash and short-term investments of CN¥367.6M.

Key information

22.0%

Debt to equity ratio

CN¥277.49m

Debt

Interest coverage ratio-8x
CashCN¥367.60m
EquityCN¥1.26b
Total liabilitiesCN¥812.46m
Total assetsCN¥2.07b

Recent financial health updates

Is Shenglan Technology (SZSE:300843) Using Too Much Debt?

Jul 24
Is Shenglan Technology (SZSE:300843) Using Too Much Debt?

Recent updates

Shenglan Technology Co., Ltd.'s (SZSE:300843) 50% Share Price Surge Not Quite Adding Up

Oct 09
Shenglan Technology Co., Ltd.'s (SZSE:300843) 50% Share Price Surge Not Quite Adding Up

Shenglan Technology (SZSE:300843) Will Want To Turn Around Its Return Trends

Sep 26
Shenglan Technology (SZSE:300843) Will Want To Turn Around Its Return Trends

Some Confidence Is Lacking In Shenglan Technology Co., Ltd.'s (SZSE:300843) P/E

Aug 23
Some Confidence Is Lacking In Shenglan Technology Co., Ltd.'s (SZSE:300843) P/E

Is Shenglan Technology (SZSE:300843) Using Too Much Debt?

Jul 24
Is Shenglan Technology (SZSE:300843) Using Too Much Debt?

Some Investors May Be Worried About Shenglan Technology's (SZSE:300843) Returns On Capital

Jun 26
Some Investors May Be Worried About Shenglan Technology's (SZSE:300843) Returns On Capital

Shenglan Technology Co., Ltd.'s (SZSE:300843) 90% Price Boost Is Out Of Tune With Earnings

May 21
Shenglan Technology Co., Ltd.'s (SZSE:300843) 90% Price Boost Is Out Of Tune With Earnings

Shareholders Will Be Pleased With The Quality of Shenglan Technology's (SZSE:300843) Earnings

May 02
Shareholders Will Be Pleased With The Quality of Shenglan Technology's (SZSE:300843) Earnings

Investors Could Be Concerned With Shenglan Technology's (SZSE:300843) Returns On Capital

Mar 26
Investors Could Be Concerned With Shenglan Technology's (SZSE:300843) Returns On Capital

Shenglan Technology Co., Ltd.'s (SZSE:300843) Business Is Yet to Catch Up With Its Share Price

Feb 27
Shenglan Technology Co., Ltd.'s (SZSE:300843) Business Is Yet to Catch Up With Its Share Price

Financial Position Analysis

Short Term Liabilities: 300843's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥522.0M).

Long Term Liabilities: 300843's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥290.5M).

Debt to Equity History and Analysis

Debt Level: 300843 has more cash than its total debt.

Reducing Debt: 300843's debt to equity ratio has increased from 0% to 22% over the past 5 years.

Debt Coverage: 300843's debt is well covered by operating cash flow (56.7%).

Interest Coverage: 300843 earns more interest than it pays, so coverage of interest payments is not a concern.

Balance Sheet

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