Techshine ElectronicsLtd Balance Sheet Health
Financial Health criteria checks 6/6
Techshine ElectronicsLtd has a total shareholder equity of CN¥1.4B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.8B and CN¥434.4M respectively. Techshine ElectronicsLtd's EBIT is CN¥100.1M making its interest coverage ratio -5.1. It has cash and short-term investments of CN¥708.6M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -5.1x |
| Cash | CN¥708.63m |
| Equity | CN¥1.36b |
| Total liabilities | CN¥434.37m |
| Total assets | CN¥1.80b |
Recent financial health updates
No updates
Recent updates
Investors Shouldn't Be Too Comfortable With Techshine ElectronicsLtd's (SZSE:301379) Earnings
Nov 05
The 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¥1.4B) exceed its short term liabilities (CN¥402.7M).
Long Term Liabilities: 301379's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥31.6M).
Debt to Equity History and Analysis
Debt Level: 301379 is debt free.
Reducing Debt: 301379 has no debt compared to 5 years ago when its debt to equity ratio was 5.4%.
Debt Coverage: 301379 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 301379 has no debt, therefore coverage of interest payments is not a concern.