Shenzhen Easttop Supply Chain Management Co., Ltd.

SZSE:002889 Stock Report

Market Cap: CN¥5.0b

Shenzhen Easttop Supply Chain Management Balance Sheet Health

Financial Health criteria checks 5/6

Shenzhen Easttop Supply Chain Management has a total shareholder equity of CN¥2.5B and total debt of CN¥1.4B, which brings its debt-to-equity ratio to 57.5%. Its total assets and total liabilities are CN¥4.3B and CN¥1.8B respectively. Shenzhen Easttop Supply Chain Management's EBIT is CN¥183.1M making its interest coverage ratio 7.1. It has cash and short-term investments of CN¥1.1B.

Key information

57.5%

Debt to equity ratio

CN¥1.41b

Debt

Interest coverage ratio7.1x
CashCN¥1.09b
EquityCN¥2.46b
Total liabilitiesCN¥1.82b
Total assetsCN¥4.28b

Recent financial health updates

Is Shenzhen Easttop Supply Chain Management (SZSE:002889) A Risky Investment?

Jan 05
Is Shenzhen Easttop Supply Chain Management (SZSE:002889) A Risky Investment?

Recent updates

Is Shenzhen Easttop Supply Chain Management (SZSE:002889) A Risky Investment?

Jan 05
Is Shenzhen Easttop Supply Chain Management (SZSE:002889) A Risky Investment?

There's Reason For Concern Over Shenzhen Easttop Supply Chain Management Co., Ltd.'s (SZSE:002889) Massive 26% Price Jump

Nov 26
There's Reason For Concern Over Shenzhen Easttop Supply Chain Management Co., Ltd.'s (SZSE:002889) Massive 26% Price Jump

Shenzhen Easttop Supply Chain Management (SZSE:002889) Has More To Do To Multiply In Value Going Forward

Nov 25
Shenzhen Easttop Supply Chain Management (SZSE:002889) Has More To Do To Multiply In Value Going Forward

We Think That There Are Some Issues For Shenzhen Easttop Supply Chain Management (SZSE:002889) Beyond Its Promising Earnings

Nov 06
We Think That There Are Some Issues For Shenzhen Easttop Supply Chain Management (SZSE:002889) Beyond Its Promising Earnings

Shenzhen Easttop Supply Chain Management Co., Ltd.'s (SZSE:002889) Business Is Trailing The Market But Its Shares Aren't

Sep 23
Shenzhen Easttop Supply Chain Management Co., Ltd.'s (SZSE:002889) Business Is Trailing The Market But Its Shares Aren't

Slowing Rates Of Return At Shenzhen Easttop Supply Chain Management (SZSE:002889) Leave Little Room For Excitement

Jul 21
Slowing Rates Of Return At Shenzhen Easttop Supply Chain Management (SZSE:002889) Leave Little Room For Excitement

Shenzhen Easttop Supply Chain Management (SZSE:002889) Hasn't Managed To Accelerate Its Returns

Apr 02
Shenzhen Easttop Supply Chain Management (SZSE:002889) Hasn't Managed To Accelerate Its Returns

Shenzhen Easttop Supply Chain Management Co., Ltd. (SZSE:002889) Stock Catapults 27% Though Its Price And Business Still Lag The Market

Mar 06
Shenzhen Easttop Supply Chain Management Co., Ltd. (SZSE:002889) Stock Catapults 27% Though Its Price And Business Still Lag The Market

Financial Position Analysis

Short Term Liabilities: 002889's short term assets (CN¥3.1B) exceed its short term liabilities (CN¥1.8B).

Long Term Liabilities: 002889's short term assets (CN¥3.1B) exceed its long term liabilities (CN¥16.8M).

Debt to Equity History and Analysis

Debt Level: 002889's net debt to equity ratio (13.1%) is considered satisfactory.

Reducing Debt: 002889's debt to equity ratio has reduced from 323.7% to 57.5% over the past 5 years.

Debt Coverage: 002889's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 002889's interest payments on its debt are well covered by EBIT (7.1x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/08 06:58
End of Day Share Price 2025/01/08 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Shenzhen Easttop Supply Chain Management Co., Ltd. is covered by 2 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.

AnalystInstitution
Tao ChangChina Merchants Securities Co. Ltd.
Ding YuanChina Merchants Securities Co. Ltd.