Shenzhen Everwin Precision Technology Balance Sheet Health
Financial Health criteria checks 4/6
Shenzhen Everwin Precision Technology has a total shareholder equity of CN¥7.9B and total debt of CN¥7.1B, which brings its debt-to-equity ratio to 89.3%. Its total assets and total liabilities are CN¥20.2B and CN¥12.3B respectively. Shenzhen Everwin Precision Technology's EBIT is CN¥641.5M making its interest coverage ratio 11.6. It has cash and short-term investments of CN¥3.7B.
Key information
89.3%
Debt to equity ratio
CN¥7.05b
Debt
| Interest coverage ratio | 11.6x |
| Cash | CN¥3.75b |
| Equity | CN¥7.90b |
| Total liabilities | CN¥12.34b |
| Total assets | CN¥20.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300115's short term assets (CN¥11.3B) exceed its short term liabilities (CN¥10.3B).
Long Term Liabilities: 300115's short term assets (CN¥11.3B) exceed its long term liabilities (CN¥2.1B).
Debt to Equity History and Analysis
Debt Level: 300115's net debt to equity ratio (41.8%) is considered high.
Reducing Debt: 300115's debt to equity ratio has increased from 62.7% to 89.3% over the past 5 years.
Debt Coverage: 300115's debt is well covered by operating cash flow (34.7%).
Interest Coverage: 300115's interest payments on its debt are well covered by EBIT (11.6x coverage).