Balance sheetRatio

651 Shenzhen Stock Exchange companies holding more cash than all their debt

651companies

Cash and equivalents exceed every borrowing on the balance sheet, so net debt measured against earnings is negative.

Stocks · Non-US shares · Shenzhen Stock Exchange (SHZ) · Ranked by Net debt to EBITDA in times, most cash on the balance sheet first · Rebuilt 2026-11-07 at 09:25 UTC

How this list is built

Net debt is every borrowing on the newest filed balance sheet less cash and equivalents, over EBITDA from the same year's income statement. The list is ordered by how much of the balance sheet is cash, because a near-zero EBITDA makes the ratio enormous without making the company any richer. The screen: companies listed on Shenzhen Stock Exchange, graded A or B for the quality of what they report; a median daily traded value of at least 250,000 US dollars over 90 sessions, stated in each listing's own currency, so a company nobody can trade is never on the list; and no positive price to earnings under 1, which no real company earns, and no close sitting the whole of its own 52-week high below that high, which no listing that still trades can do. 2,304 companies passed tonight. Each market is ranked on its own and never added to another. Figures as recomputed on 2026-11-07.

The list

50 of 651 companies
Owes less than it holds in cash, ranked by Net debt to EBITDA, most cash on the balance sheet first
#CompanyMarketSectorNet debt to EBITDA, in timesDebt to equity, in ratioCurrent ratio, in ratioTangible equity ratio, in ratioNet debt to EBITDA over timeSource
1SHZ:002945ChinaLin Securities Co., Ltd.SHZFinancial Services-24.6x0.501.500.26

n/a

Source n/a
2SHZ:002713Dong Yi Ri Sheng Home Decoration Group Co.,Ltd.SHZConsumer Cyclical-20.2x0.061.350.31
Net debt to EBITDA, net debt to ebitda: 8.96 on 2023-12-31 to -20.20 on 2025-12-31, down 325%.
Source n/a
3SHZ:000631Shunfa Hengye CorporationSHZReal Estate-20.1x0.054.390.78
Net debt to EBITDA, net debt to ebitda: -27.69 on 2021-12-31 to -20.07 on 2025-12-31, up 28%.
Source n/a
4SHZ:002773Chengdu Kanghong Pharmaceutical Group Co., LtdSHZHealthcare-4.0x0.000411.770.94

n/a

Source n/a
5SHZ:300803Beijing Compass Technology Development Co., Ltd.SHZTechnology-24.5x0.351.150.08
Net debt to EBITDA, net debt to ebitda: -9.03 on 2021-12-31 to -24.53 on 2025-12-31, down 172%.
Source n/a
6SHZ:300773Lakala Payment Co., Ltd.SHZTechnology-4.5x0.091.090.33
Net debt to EBITDA, net debt to ebitda: -5.45 on 2020-12-31 to -4.51 on 2025-12-31, up 17%.
Source n/a
7SHZ:300159Xinjiang Machinery Research Institute Co., Ltd.SHZIndustrials-7.4x0.082.400.65
Net debt to EBITDA, net debt to ebitda: 3.78 on 2022-12-31 to -7.42 on 2025-12-31, down 296%.
Source n/a
8SHZ:300788Citic Press CorporationSHZCommunication Services-7.2x0.102.840.66
Net debt to EBITDA, net debt to ebitda: -3.95 on 2021-12-31 to -7.17 on 2025-12-31, down 82%.
Source n/a
9SHZ:300795Zhejiang Meorient Commerce Exhibition Inc.SHZIndustrials-2.6x0.014.210.73
Net debt to EBITDA, net debt to ebitda: -2.99 on 2024-12-31 to -2.63 on 2025-12-31, up 12%.
Source n/a
10SHZ:300613Shanghai Fullhan Microelectronics Co., Ltd.SHZTechnology-4.5x0.257.220.67
Net debt to EBITDA, net debt to ebitda: -1.52 on 2016-12-31 to -4.54 on 2025-12-31, down 199%.
Source n/a
11SHZ:002651Chengdu Leejun Industrial Co., Ltd.SHZIndustrials-14.3x0.033.240.74
Net debt to EBITDA, net debt to ebitda: -1.49 on 2020-12-31 to -14.32 on 2025-12-31, down 861%.
Source n/a
12SHZ:002461Guangzhou Zhujiang Brewery Co., LtdSHZConsumer Defensive-4.5x0.232.030.61
Net debt to EBITDA, net debt to ebitda: -4.82 on 2020-12-31 to -4.46 on 2024-12-31, up 7%.
Source n/a
13SHZ:300111Zhejiang Sunflower Great Health Co., Ltd.SHZHealthcare-103.6x0.096.230.67
Net debt to EBITDA, net debt to ebitda: 2.70 on 2017-12-31 to -103.56 on 2025-12-31, down 3936%.
Source n/a
14SHZ:300130XGD Inc.SHZIndustrials-5.4x0.042.970.69
Net debt to EBITDA, net debt to ebitda: -2.64 on 2019-12-31 to -5.44 on 2025-12-31, down 106%.
Source n/a
15SHZ:002500Shanxi Securities Co., Ltd.SHZFinancial Services-9.7x1.513.290.22

n/a

Source n/a
16SHZ:300562Guangdong Transtek Medical Electronics Co., LtdSHZHealthcare-5.8x0.052.620.72
Net debt to EBITDA, net debt to ebitda: -6.68 on 2018-12-31 to -5.82 on 2025-12-31, up 13%.
Source n/a
17SHZ:001233Haian Rubber Group Co., Ltd.SHZConsumer Cyclical-2.6x0.103.460.75
Net debt to EBITDA, net debt to ebitda: 1.34 on 2020-12-31 to -2.64 on 2025-12-31, down 297%.
Source n/a
18SHZ:300193Shenzhen Jasic Technology Co.,Ltd.SHZIndustrials-5.7x0.042.940.75
Net debt to EBITDA, net debt to ebitda: -5.38 on 2019-12-31 to -5.70 on 2025-12-31, down 6%.
Source n/a
19SHZ:301491Hansong (nanjing)SHZTechnology-4.9x0.084.480.76
Net debt to EBITDA, net debt to ebitda: -0.80 on 2020-12-31 to -4.93 on 2025-12-31, down 516%.
Source n/a
20SHZ:002778Jiangsu Zhongsheng Gaoke Environmental Co.,Ltd.SHZEnergy-1.7x0.691.620.35
Net debt to EBITDA, net debt to ebitda: 0.58 on 2020-12-31 to -1.70 on 2025-12-31, down 393%.
Source n/a
21SHZ:002962Hubei W-olf Photoelectric Technology Co., Ltd.SHZTechnology-7.9x0.095.670.80
Net debt to EBITDA, net debt to ebitda: -6.27 on 2021-12-31 to -7.91 on 2025-12-31, down 26%.
Source n/a
22SHZ:300916Shenzhen Longtech Smart Control Co., Ltd.SHZIndustrials-4.5x0.292.040.59
Net debt to EBITDA, net debt to ebitda: -1.27 on 2021-12-31 to -4.46 on 2025-12-31, down 251%.
Source n/a
23SHZ:002315Focus Technology Co., Ltd.SHZTechnology-3.7x0.011.570.57
Net debt to EBITDA, net debt to ebitda: -4.58 on 2022-12-31 to -3.70 on 2025-12-31, up 19%.
Source n/a
24SHZ:002864Shaanxi Panlong Pharmaceutical Group Limited By Share LtdSHZHealthcare-6.6x0.073.440.72
Net debt to EBITDA, net debt to ebitda: -2.46 on 2020-12-31 to -6.62 on 2025-12-31, down 169%.
Source n/a
25SHZ:000524Guangzhou Lingnan Group Holdings Company LimitedSHZConsumer Cyclical-5.0x0.121.810.53
Net debt to EBITDA, net debt to ebitda: -63.63 on 2021-12-31 to -4.95 on 2025-12-31, up 92%.
Source n/a
26SHZ:300792Hangzhou Onechance Tech Crop.SHZConsumer Cyclical-9.1x0.0110.090.92
Net debt to EBITDA, net debt to ebitda: -4.26 on 2021-12-31 to -9.13 on 2025-12-31, down 114%.
Source n/a
27SHZ:000860Beijing Shunxin Agriculture Co.,LtdSHZConsumer Defensive-8.0x0.571.550.46
Net debt to EBITDA, net debt to ebitda: -1.32 on 2020-12-31 to -7.99 on 2025-12-31, down 505%.
Source n/a
28SHZ:300529Jafron Biomedical Co.,Ltd.SHZHealthcare-1.6x0.355.810.63
Net debt to EBITDA, net debt to ebitda: -1.27 on 2022-12-31 to -1.55 on 2025-12-31, down 22%.
Source n/a
29SHZ:002242Joyoung Co.,LtdSHZConsumer Cyclical-8.2x0.601.480.43
Net debt to EBITDA, net debt to ebitda: -0.70 on 2020-12-31 to -8.20 on 2025-12-31, down 1071%.
Source n/a
30SHZ:300394Suzhou TFC Optical Communication Co., Ltd.SHZTechnology-1.1x0.025.330.85
Net debt to EBITDA, net debt to ebitda: -0.45 on 2020-12-31 to -1.15 on 2025-12-31, down 156%.
Source n/a
31SHZ:300805Guangdong Brandmax Marketing Co.,Ltd.SHZCommunication Services-10.7x0.192.980.70
Net debt to EBITDA, net debt to ebitda: -16.52 on 2024-12-31 to -10.73 on 2025-12-31, up 35%.
Source n/a
32SHZ:000151China National Complete Plant Import & Export Co., Ltd. Class ASHZIndustrials-1.5x0.661.160.32
Net debt to EBITDA, net debt to ebitda: -1.32 on 2021-12-31 to -1.48 on 2025-12-31, down 12%.
Source n/a
33SHZ:300882Zhejiang Wellsun Intelligent Technology Co.,Ltd.SHZTechnology-4.5x0.032.180.62
Net debt to EBITDA, net debt to ebitda: -2.65 on 2022-12-31 to -4.51 on 2025-12-31, down 70%.
Source n/a
34SHZ:000521Changhong Meiling Co., Ltd.SHZConsumer Cyclical-2.0x1.331.040.23
Net debt to EBITDA, net debt to ebitda: -10.76 on 2017-12-31 to -2.02 on 2025-12-31, up 81%.
Source n/a
35SHZ:000788PKU HealthCare Corp.,Ltd.SHZHealthcare-5.6x0.014.510.77
Net debt to EBITDA, net debt to ebitda: -4.14 on 2017-12-31 to -5.64 on 2025-12-31, down 36%.
Source n/a
36SHZ:300160Jiangsu Xiuqiang Glasswork Co., Ltd.SHZConsumer Cyclical-5.0x0.014.490.81
Net debt to EBITDA, net debt to ebitda: 0.65 on 2019-12-31 to -4.95 on 2025-12-31, down 862%.
Source n/a
37SHZ:300880Ningbo Jianan Electronics Co.,LtdSHZTechnology-5.6x0.052.880.66
Net debt to EBITDA, net debt to ebitda: -0.90 on 2020-12-31 to -5.62 on 2025-12-31, down 524%.
Source n/a
38SHZ:002301Shenzhen Comix Group Co., Ltd.SHZIndustrials-16.3x0.221.410.35
Net debt to EBITDA, net debt to ebitda: -4.24 on 2020-12-31 to -16.34 on 2025-12-31, down 285%.
Source n/a
39SHZ:002721Beijing Kingee Culture Development Co., Ltd.SHZConsumer Cyclical-10.3x0.0212.060.77
Net debt to EBITDA, net debt to ebitda: 2.86 on 2016-12-31 to -10.29 on 2025-12-31, down 460%.
Source n/a
40SHZ:002746Shandong Xiantan Co., Ltd.SHZConsumer Defensive-1.7x0.501.750.55
Net debt to EBITDA, net debt to ebitda: -0.14 on 2021-12-31 to -1.72 on 2025-12-31, down 1129%.
Source n/a
41SHZ:301191Shenzhen Phoenix Telecom Technology Co.,Ltd.SHZTechnology-3.8x0.512.030.54
Net debt to EBITDA, net debt to ebitda: -0.39 on 2021-12-31 to -3.77 on 2025-12-31, down 867%.
Source n/a
42SHZ:300050Dingli Corp., Ltd.SHZCommunication Services-8.7x0.0033.190.67

n/a

Source n/a
43SHZ:002507Chongqing Fuling Zhacai Group Co., Ltd.SHZConsumer Defensive-4.8x0.00019.030.90

n/a

Source n/a
44SHZ:000792Qinghai Salt Lake Industry Co.,LtdSHZBasic Materials-2.8x0.016.810.80
Net debt to EBITDA, net debt to ebitda: -0.56 on 2022-12-31 to -2.75 on 2025-12-31, down 391%.
Source n/a
45SHZ:000568Luzhou Laojiao Co.,Ltd.SHZConsumer Defensive-1.4x0.143.860.76

n/a

Source n/a
46SHZ:300137Hebei Sailhero Environmental Protection High-tech Co.,LtdSHZIndustrials-11.0x0.312.490.64
Net debt to EBITDA, net debt to ebitda: -3.75 on 2020-12-31 to -10.99 on 2025-12-31, down 193%.
Source n/a
47SHZ:301138Guangzhou Huayan Precision Machinery Co.,Ltd.SHZIndustrials-4.5x0.042.330.63
Net debt to EBITDA, net debt to ebitda: -0.05 on 2017-12-31 to -4.47 on 2025-12-31, down 8840%.
Source n/a
48SHZ:300563Shenyu Communication Technology Inc.SHZTechnology-1.2x0.564.380.57
Net debt to EBITDA, net debt to ebitda: -0.21 on 2018-12-31 to -1.23 on 2025-12-31, down 486%.
Source n/a
49SHZ:301058COFCO Technology & Industry Co., Ltd.SHZIndustrials-6.8x0.031.720.43
Net debt to EBITDA, net debt to ebitda: -5.83 on 2021-12-31 to -6.80 on 2025-12-31, down 17%.
Source n/a
50SHZ:300458Allwinnertech Technology Co.,Ltd.SHZTechnology-3.4x0.063.960.81
Net debt to EBITDA, net debt to ebitda: -6.07 on 2020-12-31 to -3.43 on 2025-12-31, up 43%.
Source n/a

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Filed figures cite the filing they come from; figures marked Market data are quotes as of the date shown. Not a recommendation and not advice.

Past figures are not a forecast. Anything we modelled is labelled as ours. You can lose money on any security.