Anhui Shiny Electronic Technology Balance Sheet Health
Financial Health criteria checks 4/6
Anhui Shiny Electronic Technology has a total shareholder equity of CN¥1.4B and total debt of CN¥508.6M, which brings its debt-to-equity ratio to 36.8%. Its total assets and total liabilities are CN¥2.8B and CN¥1.4B respectively. Anhui Shiny Electronic Technology's EBIT is CN¥32.4M making its interest coverage ratio 1.1. It has cash and short-term investments of CN¥306.0M.
Key information
36.8%
Debt to equity ratio
CN¥508.60m
Debt
| Interest coverage ratio | 1.1x |
| Cash | CN¥306.01m |
| Equity | CN¥1.38b |
| Total liabilities | CN¥1.43b |
| Total assets | CN¥2.81b |
Recent financial health updates
No updates
Recent updates
There's Reason For Concern Over Anhui Shiny Electronic Technology Company Limited's (SZSE:300956) Massive 47% Price Jump
Oct 09
Anhui Shiny Electronic Technology (SZSE:300956) Is Reinvesting At Lower Rates Of Return
Sep 28The Market Doesn't Like What It Sees From Anhui Shiny Electronic Technology Company Limited's (SZSE:300956) Revenues Yet As Shares Tumble 33%
Jul 17Anhui Shiny Electronic Technology Company Limited's (SZSE:300956) Shares Climb 177% But Its Business Is Yet to Catch Up
Jun 01Some Investors May Be Worried About Anhui Shiny Electronic Technology's (SZSE:300956) Returns On Capital
May 29Anhui Shiny Electronic Technology Company Limited (SZSE:300956) Looks Inexpensive After Falling 27% But Perhaps Not Attractive Enough
Apr 16Little Excitement Around Anhui Shiny Electronic Technology Company Limited's (SZSE:300956) Revenues As Shares Take 27% Pounding
Feb 26Financial Position Analysis
Short Term Liabilities: 300956's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥1.3B).
Long Term Liabilities: 300956's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥133.4M).
Debt to Equity History and Analysis
Debt Level: 300956's net debt to equity ratio (14.6%) is considered satisfactory.
Reducing Debt: 300956's debt to equity ratio has increased from 20.5% to 36.8% over the past 5 years.
Debt Coverage: 300956's debt is well covered by operating cash flow (59.9%).
Interest Coverage: 300956's interest payments on its debt are not well covered by EBIT (1.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 16:46 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Anhui Shiny Electronic Technology Company Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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