Guangdong Kingshine Electronic TechnologyLtd Balance Sheet Health
Financial Health criteria checks 2/6
Guangdong Kingshine Electronic TechnologyLtd has a total shareholder equity of CN¥2.1B and total debt of CN¥1.3B, which brings its debt-to-equity ratio to 62.4%. Its total assets and total liabilities are CN¥7.1B and CN¥5.0B respectively.
Key information
62.4%
Debt to equity ratio
CN¥1.33b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥985.54m |
| Equity | CN¥2.13b |
| Total liabilities | CN¥5.01b |
| Total assets | CN¥7.14b |
Recent financial health updates
No updates
Recent updates
Improved Revenues Required Before Guangdong Kingshine Electronic Technology Co.,Ltd. (SZSE:300903) Stock's 43% Jump Looks Justified
Jun 24
Take Care Before Jumping Onto Guangdong Kingshine Electronic Technology Co.,Ltd. (SZSE:300903) Even Though It's 27% Cheaper
Apr 16Many Still Looking Away From Guangdong Kingshine Electronic Technology Co.,Ltd. (SZSE:300903)
Feb 29Financial Position Analysis
Short Term Liabilities: 300903's short term assets (CN¥3.6B) do not cover its short term liabilities (CN¥4.3B).
Long Term Liabilities: 300903's short term assets (CN¥3.6B) exceed its long term liabilities (CN¥696.4M).
Debt to Equity History and Analysis
Debt Level: 300903's net debt to equity ratio (16.1%) is considered satisfactory.
Reducing Debt: 300903's debt to equity ratio has increased from 3.4% to 62.4% over the past 5 years.
Debt Coverage: 300903's debt is not well covered by operating cash flow (13.8%).
Interest Coverage: Insufficient data to determine if 300903's interest payments on its debt are well covered by EBIT.