Chongqing Fenghwa Group Balance Sheet Health
Financial Health criteria checks 3/6
Chongqing Fenghwa Group has a total shareholder equity of CN¥642.1M and total debt of CN¥11.5M, which brings its debt-to-equity ratio to 1.8%. Its total assets and total liabilities are CN¥701.6M and CN¥59.5M respectively.
Key information
1.8%
Debt to equity ratio
CN¥11.46m
Debt
Interest coverage ratio | n/a |
Cash | CN¥37.93m |
Equity | CN¥642.08m |
Total liabilities | CN¥59.49m |
Total assets | CN¥701.56m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600615's short term assets (CN¥641.6M) exceed its short term liabilities (CN¥50.6M).
Long Term Liabilities: 600615's short term assets (CN¥641.6M) exceed its long term liabilities (CN¥8.9M).
Debt to Equity History and Analysis
Debt Level: 600615 has more cash than its total debt.
Reducing Debt: 600615's debt to equity ratio has increased from 0% to 1.8% over the past 5 years.
Debt Coverage: 600615's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 600615's interest payments on its debt are well covered by EBIT.