Shennan Circuit Company Limited

XSEC:002916 Stock Report

Market Cap: CN¥52.2b

Shennan Circuit Balance Sheet Health

Financial Health criteria checks 6/6

Shennan Circuit has a total shareholder equity of CN¥14.3B and total debt of CN¥3.3B, which brings its debt-to-equity ratio to 23.1%. Its total assets and total liabilities are CN¥24.8B and CN¥10.5B respectively. Shennan Circuit's EBIT is CN¥1.8B making its interest coverage ratio 29. It has cash and short-term investments of CN¥957.5M.

Key information

23.1%

Debt to equity ratio

CN¥3.29b

Debt

Interest coverage ratio29x
CashCN¥957.45m
EquityCN¥14.25b
Total liabilitiesCN¥10.52b
Total assetsCN¥24.78b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 002916's short term assets (CN¥10.4B) exceed its short term liabilities (CN¥7.6B).

Long Term Liabilities: 002916's short term assets (CN¥10.4B) exceed its long term liabilities (CN¥3.0B).


Debt to Equity History and Analysis

Debt Level: 002916's net debt to equity ratio (16.4%) is considered satisfactory.

Reducing Debt: 002916's debt to equity ratio has reduced from 40.2% to 23.1% over the past 5 years.

Debt Coverage: 002916's debt is well covered by operating cash flow (82.2%).

Interest Coverage: 002916's interest payments on its debt are well covered by EBIT (29x coverage).


Balance Sheet


Discover healthy companies