Techshine ElectronicsLtd Balance Sheet Health
Financial Health criteria checks 5/6
Techshine ElectronicsLtd has a total shareholder equity of CN¥1.4B and total debt of CN¥70.0M, which brings its debt-to-equity ratio to 5%. Its total assets and total liabilities are CN¥2.0B and CN¥608.6M respectively. Techshine ElectronicsLtd's EBIT is CN¥151.8M making its interest coverage ratio -26. It has cash and short-term investments of CN¥776.5M.
Key information
5.0%
Debt to equity ratio
CN¥70.02m
Debt
| Interest coverage ratio | -26x |
| Cash | CN¥776.53m |
| Equity | CN¥1.41b |
| Total liabilities | CN¥608.58m |
| Total assets | CN¥2.02b |
Recent financial health updates
No updates
Recent updates
Techshine Electronics Co.,Ltd.'s (SZSE:301379) Shares Bounce 27% But Its Business Still Trails The Market
Mar 06
Does Techshine ElectronicsLtd (SZSE:301379) Deserve A Spot On Your Watchlist?
Feb 17Investors Shouldn't Be Too Comfortable With Techshine ElectronicsLtd's (SZSE:301379) Earnings
Nov 05The Returns On Capital At Techshine ElectronicsLtd (SZSE:301379) Don't Inspire Confidence
Sep 30Techshine ElectronicsLtd's (SZSE:301379) Dividend Will Be Reduced To CN¥0.40
Jun 16Earnings Troubles May Signal Larger Issues for Techshine ElectronicsLtd (SZSE:301379) Shareholders
May 06Techshine ElectronicsLtd (SZSE:301379) Might Be Having Difficulty Using Its Capital Effectively
Apr 01Financial Position Analysis
Short Term Liabilities: 301379's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥575.8M).
Long Term Liabilities: 301379's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥32.8M).
Debt to Equity History and Analysis
Debt Level: 301379 has more cash than its total debt.
Reducing Debt: 301379's debt to equity ratio has increased from 3.5% to 5% over the past 5 years.
Debt Coverage: 301379's debt is well covered by operating cash flow (173.7%).
Interest Coverage: 301379 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/04/23 19:47 |
| End of Day Share Price | 2025/04/23 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
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 |
| |
| 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.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Techshine Electronics Co.,Ltd. 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.