Hangzhou Shenhao TechnologyLTD Balance Sheet Health
Financial Health criteria checks 4/6
Hangzhou Shenhao TechnologyLTD has a total shareholder equity of CN¥1.1B and total debt of CN¥508.3M, which brings its debt-to-equity ratio to 46.3%. Its total assets and total liabilities are CN¥1.9B and CN¥845.5M respectively.
Key information
46.3%
Debt to equity ratio
CN¥508.27m
Debt
Interest coverage ratio | n/a |
Cash | CN¥542.95m |
Equity | CN¥1.10b |
Total liabilities | CN¥845.50m |
Total assets | CN¥1.94b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300853's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥358.4M).
Long Term Liabilities: 300853's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥487.1M).
Debt to Equity History and Analysis
Debt Level: 300853 has more cash than its total debt.
Reducing Debt: 300853's debt to equity ratio has increased from 1.4% to 46.3% over the past 5 years.
Debt Coverage: 300853's debt is well covered by operating cash flow (23.2%).
Interest Coverage: Insufficient data to determine if 300853's interest payments on its debt are well covered by EBIT.