Shenmao Technology Inc

TWSE:3305 Stock Report

Market Cap: NT$8.5b

Shenmao Technology Balance Sheet Health

Financial Health criteria checks 4/6

Shenmao Technology has a total shareholder equity of NT$4.9B and total debt of NT$3.6B, which brings its debt-to-equity ratio to 73.9%. Its total assets and total liabilities are NT$9.2B and NT$4.3B respectively. Shenmao Technology's EBIT is NT$505.8M making its interest coverage ratio 10.3. It has cash and short-term investments of NT$1.8B.

Key information

73.9%

Debt to equity ratio

NT$3.62b

Debt

Interest coverage ratio10.3x
CashNT$1.77b
EquityNT$4.89b
Total liabilitiesNT$4.31b
Total assetsNT$9.20b

Recent financial health updates

Is Shenmao Technology (TPE:3305) A Risky Investment?

Feb 18
Is Shenmao Technology (TPE:3305) A Risky Investment?

These 4 Measures Indicate That Shenmao Technology (TPE:3305) Is Using Debt Reasonably Well

Nov 20
These 4 Measures Indicate That Shenmao Technology (TPE:3305) Is Using Debt Reasonably Well

Recent updates

Shenmao Technology's (TWSE:3305) Returns On Capital Are Heading Higher

Sep 17
Shenmao Technology's (TWSE:3305) Returns On Capital Are Heading Higher

Shenmao Technology (TPE:3305) Shareholders Will Want The ROCE Trajectory To Continue

Apr 13
Shenmao Technology (TPE:3305) Shareholders Will Want The ROCE Trajectory To Continue

Are Dividend Investors Getting More Than They Bargained For With Shenmao Technology Inc's (TPE:3305) Dividend?

Mar 08
Are Dividend Investors Getting More Than They Bargained For With Shenmao Technology Inc's (TPE:3305) Dividend?

Is Shenmao Technology (TPE:3305) A Risky Investment?

Feb 18
Is Shenmao Technology (TPE:3305) A Risky Investment?

If You Had Bought Shenmao Technology (TPE:3305) Shares A Year Ago You'd Have Earned 25% Returns

Jan 31
If You Had Bought Shenmao Technology (TPE:3305) Shares A Year Ago You'd Have Earned 25% Returns

The Trends At Shenmao Technology (TPE:3305) That You Should Know About

Jan 12
The Trends At Shenmao Technology (TPE:3305) That You Should Know About

Does Shenmao Technology Inc's (TPE:3305) Weak Fundamentals Mean That The Market Could Correct Its Share Price?

Dec 25
Does Shenmao Technology Inc's (TPE:3305) Weak Fundamentals Mean That The Market Could Correct Its Share Price?

Does It Make Sense To Buy Shenmao Technology Inc (TPE:3305) For Its Yield?

Dec 08
Does It Make Sense To Buy Shenmao Technology Inc (TPE:3305) For Its Yield?

These 4 Measures Indicate That Shenmao Technology (TPE:3305) Is Using Debt Reasonably Well

Nov 20
These 4 Measures Indicate That Shenmao Technology (TPE:3305) Is Using Debt Reasonably Well

Financial Position Analysis

Short Term Liabilities: 3305's short term assets (NT$6.4B) exceed its short term liabilities (NT$3.2B).

Long Term Liabilities: 3305's short term assets (NT$6.4B) exceed its long term liabilities (NT$1.2B).

Debt to Equity History and Analysis

Debt Level: 3305's net debt to equity ratio (37.8%) is considered satisfactory.

Reducing Debt: 3305's debt to equity ratio has increased from 59.7% to 73.9% over the past 5 years.

Debt Coverage: 3305's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 3305's interest payments on its debt are well covered by EBIT (10.3x coverage).

Balance Sheet

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