Shenzhen MinDe Electronics Technology Balance Sheet Health
Financial Health criteria checks 4/6
Shenzhen MinDe Electronics Technology has a total shareholder equity of CN¥1.1B and total debt of CN¥410.6M, which brings its debt-to-equity ratio to 36.3%. Its total assets and total liabilities are CN¥1.7B and CN¥535.5M respectively. Shenzhen MinDe Electronics Technology's EBIT is CN¥50.5M making its interest coverage ratio 3.6. It has cash and short-term investments of CN¥101.6M.
Key information
36.3%
Debt to equity ratio
CN¥410.65m
Debt
| Interest coverage ratio | 3.6x |
| Cash | CN¥101.58m |
| Equity | CN¥1.13b |
| Total liabilities | CN¥535.48m |
| Total assets | CN¥1.67b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300656's short term assets (CN¥477.6M) exceed its short term liabilities (CN¥336.0M).
Long Term Liabilities: 300656's short term assets (CN¥477.6M) exceed its long term liabilities (CN¥199.5M).
Debt to Equity History and Analysis
Debt Level: 300656's net debt to equity ratio (27.3%) is considered satisfactory.
Reducing Debt: 300656's debt to equity ratio has increased from 7.2% to 36.3% over the past 5 years.
Debt Coverage: 300656's debt is not well covered by operating cash flow (19.9%).
Interest Coverage: 300656's interest payments on its debt are well covered by EBIT (3.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/28 00:51 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 |
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| 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 here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Shenzhen MinDe Electronics Technology 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.
| Analyst | Institution |
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