Hangzhou Shenhao TechnologyLTD Balance Sheet Health
Financial Health criteria checks 3/6
Hangzhou Shenhao TechnologyLTD has a total shareholder equity of CN¥989.0M and total debt of CN¥580.8M, which brings its debt-to-equity ratio to 58.7%. Its total assets and total liabilities are CN¥1.9B and CN¥874.1M respectively.
Key information
58.7%
Debt to equity ratio
CN¥580.81m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥428.51m |
| Equity | CN¥989.01m |
| Total liabilities | CN¥874.15m |
| Total assets | CN¥1.86b |
Financial Position Analysis
Short Term Liabilities: 300853's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥371.5M).
Long Term Liabilities: 300853's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥502.7M).
Debt to Equity History and Analysis
Debt Level: 300853's net debt to equity ratio (15.4%) is considered satisfactory.
Reducing Debt: 300853's debt to equity ratio has increased from 3.7% to 58.7% over the past 5 years.
Debt Coverage: 300853's debt is not well covered by operating cash flow (15.2%).
Interest Coverage: Insufficient data to determine if 300853's interest payments on its debt are well covered by EBIT.