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¥1.4B, which brings its debt-to-equity ratio to 66.6%. Its total assets and total liabilities are CN¥7.2B and CN¥5.2B respectively.
Key information
66.6%
Debt to equity ratio
CN¥1.37b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥847.33m |
| Equity | CN¥2.05b |
| Total liabilities | CN¥5.18b |
| Total assets | CN¥7.23b |
Recent financial health updates
No updates
Recent updates
Guangdong Kingshine Electronic Technology Co.,Ltd. (SZSE:300903) Surges 26% Yet Its Low P/S Is No Reason For Excitement
Sep 30
Improved Revenues Required Before Guangdong Kingshine Electronic Technology Co.,Ltd. (SZSE:300903) Stock's 43% Jump Looks Justified
Jun 24Take 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¥4.5B).
Long Term Liabilities: 300903's short term assets (CN¥3.6B) exceed its long term liabilities (CN¥700.3M).
Debt to Equity History and Analysis
Debt Level: 300903's net debt to equity ratio (25.3%) is considered satisfactory.
Reducing Debt: 300903's debt to equity ratio has increased from 5.2% to 66.6% over the past 5 years.
Debt Coverage: 300903's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 300903's interest payments on its debt are well covered by EBIT.