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).