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 ratio | 7.1x |
| Cash | CN¥1.09b |
| Equity | CN¥2.46b |
| Total liabilities | CN¥1.82b |
| Total assets | CN¥4.28b |
Recent financial health updates
No updates
Recent updates
There's Reason For Concern Over Shenzhen Easttop Supply Chain Management Co., Ltd.'s (SZSE:002889) Massive 26% Price Jump
Nov 26
Shenzhen Easttop Supply Chain Management (SZSE:002889) Has More To Do To Multiply In Value Going Forward
Nov 25We Think That There Are Some Issues For Shenzhen Easttop Supply Chain Management (SZSE:002889) Beyond Its Promising Earnings
Nov 06Shenzhen Easttop Supply Chain Management Co., Ltd.'s (SZSE:002889) Business Is Trailing The Market But Its Shares Aren't
Sep 23Slowing Rates Of Return At Shenzhen Easttop Supply Chain Management (SZSE:002889) Leave Little Room For Excitement
Jul 21Shenzhen Easttop Supply Chain Management (SZSE:002889) Hasn't Managed To Accelerate Its Returns
Apr 02Shenzhen Easttop Supply Chain Management Co., Ltd. (SZSE:002889) Stock Catapults 27% Though Its Price And Business Still Lag The Market
Mar 06Financial 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).