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$1.7B.
Key information
73.9%
Debt to equity ratio
NT$3.62b
Debt
| Interest coverage ratio | 10.3x |
| Cash | NT$1.66b |
| Equity | NT$4.89b |
| Total liabilities | NT$4.31b |
| Total assets | NT$9.20b |
Recent financial health updates
Is Shenmao Technology (TPE:3305) A Risky Investment?
Feb 18
These 4 Measures Indicate That Shenmao Technology (TPE:3305) Is Using Debt Reasonably Well
Nov 20
Recent updates
Shenmao Technology's (TWSE:3305) Returns On Capital Are Heading Higher
Sep 17Shenmao Technology (TPE:3305) Shareholders Will Want The ROCE Trajectory To Continue
Apr 13Are Dividend Investors Getting More Than They Bargained For With Shenmao Technology Inc's (TPE:3305) Dividend?
Mar 08Is Shenmao Technology (TPE:3305) A Risky Investment?
Feb 18If You Had Bought Shenmao Technology (TPE:3305) Shares A Year Ago You'd Have Earned 25% Returns
Jan 31The Trends At Shenmao Technology (TPE:3305) That You Should Know About
Jan 12Does Shenmao Technology Inc's (TPE:3305) Weak Fundamentals Mean That The Market Could Correct Its Share Price?
Dec 25Does It Make Sense To Buy Shenmao Technology Inc (TPE:3305) For Its Yield?
Dec 08These 4 Measures Indicate That Shenmao Technology (TPE:3305) Is Using Debt Reasonably Well
Nov 20Financial 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 (39.9%) 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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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 17:39 |
| End of Day Share Price | 2024/12/25 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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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
Shenmao Technology Inc 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.
| Analyst | Institution |
|---|---|
| Jim Chen | Polaris Securities Co. Ltd. |
| Ramachandra Kamath | Virtua Research Inc. |