Shanghai Fudan Microelectronics Group Balance Sheet Health
Financial Health criteria checks 5/6
Shanghai Fudan Microelectronics Group has a total shareholder equity of CN¥6.3B and total debt of CN¥1.7B, which brings its debt-to-equity ratio to 26.6%. Its total assets and total liabilities are CN¥8.8B and CN¥2.5B respectively. Shanghai Fudan Microelectronics Group's EBIT is CN¥355.7M making its interest coverage ratio 15.3. It has cash and short-term investments of CN¥1.0B.
Key information
26.6%
Debt to equity ratio
CN¥1.69b
Debt
| Interest coverage ratio | 15.3x |
| Cash | CN¥1.01b |
| Equity | CN¥6.34b |
| Total liabilities | CN¥2.50b |
| Total assets | CN¥8.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1385's short term assets (CN¥6.3B) exceed its short term liabilities (CN¥2.2B).
Long Term Liabilities: 1385's short term assets (CN¥6.3B) exceed its long term liabilities (CN¥289.4M).
Debt to Equity History and Analysis
Debt Level: 1385's net debt to equity ratio (10.6%) is considered satisfactory.
Reducing Debt: 1385's debt to equity ratio has increased from 0% to 26.6% over the past 5 years.
Debt Coverage: 1385's debt is well covered by operating cash flow (30.2%).
Interest Coverage: 1385's interest payments on its debt are well covered by EBIT (15.3x coverage).