Guangzhou Shiyuan Electronic Technology Balance Sheet Health
Financial Health criteria checks 5/6
Guangzhou Shiyuan Electronic Technology has a total shareholder equity of CN¥12.9B and total debt of CN¥2.7B, which brings its debt-to-equity ratio to 21.1%. Its total assets and total liabilities are CN¥21.8B and CN¥8.8B respectively. Guangzhou Shiyuan Electronic Technology's EBIT is CN¥953.3M making its interest coverage ratio -2.3. It has cash and short-term investments of CN¥3.8B.
Key information
21.1%
Debt to equity ratio
CN¥2.73b
Debt
Interest coverage ratio | -2.3x |
Cash | CN¥3.78b |
Equity | CN¥12.92b |
Total liabilities | CN¥8.84b |
Total assets | CN¥21.76b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002841's short term assets (CN¥12.6B) exceed its short term liabilities (CN¥7.9B).
Long Term Liabilities: 002841's short term assets (CN¥12.6B) exceed its long term liabilities (CN¥941.8M).
Debt to Equity History and Analysis
Debt Level: 002841 has more cash than its total debt.
Reducing Debt: 002841's debt to equity ratio has increased from 19.1% to 21.1% over the past 5 years.
Debt Coverage: 002841's debt is well covered by operating cash flow (31.9%).
Interest Coverage: 002841 earns more interest than it pays, so coverage of interest payments is not a concern.