Sailun Group Balance Sheet Health
Financial Health criteria checks 6/6
Sailun Group has a total shareholder equity of CN¥19.7B and total debt of CN¥9.4B, which brings its debt-to-equity ratio to 47.9%. Its total assets and total liabilities are CN¥38.5B and CN¥18.8B respectively. Sailun Group's EBIT is CN¥5.2B making its interest coverage ratio 23.5. It has cash and short-term investments of CN¥6.3B.
Key information
47.9%
Debt to equity ratio
CN¥9.43b
Debt
| Interest coverage ratio | 23.5x |
| Cash | CN¥6.27b |
| Equity | CN¥19.69b |
| Total liabilities | CN¥18.84b |
| Total assets | CN¥38.52b |
Recent financial health updates
Sailun Group (SHSE:601058) Seems To Use Debt Quite Sensibly
Sep 11
These 4 Measures Indicate That Sailun Group (SHSE:601058) Is Using Debt Reasonably Well
Jun 05Recent updates
Is Now An Opportune Moment To Examine Sailun Group Co., Ltd. (SHSE:601058)?
Nov 20Sailun Group's (SHSE:601058) Promising Earnings May Rest On Soft Foundations
Nov 05Why The 22% Return On Capital At Sailun Group (SHSE:601058) Should Have Your Attention
Oct 24Here's Why We Think Sailun Group (SHSE:601058) Is Well Worth Watching
Oct 11Investors Don't See Light At End Of Sailun Group Co., Ltd.'s (SHSE:601058) Tunnel
Sep 27Sailun Group (SHSE:601058) Seems To Use Debt Quite Sensibly
Sep 11Under The Bonnet, Sailun Group's (SHSE:601058) Returns Look Impressive
Jul 22Here's Why Sailun Group (SHSE:601058) Has Caught The Eye Of Investors
Jun 20These 4 Measures Indicate That Sailun Group (SHSE:601058) Is Using Debt Reasonably Well
Jun 05Sailun Group's (SHSE:601058) Promising Earnings May Rest On Soft Foundations
May 03Sailun Group Co., Ltd.'s (SHSE:601058) Shares Not Telling The Full Story
Apr 25Sailun Group (SHSE:601058) Has More To Do To Multiply In Value Going Forward
Apr 10Sailun Group Co., Ltd. (SHSE:601058) Shares Could Be 21% Below Their Intrinsic Value Estimate
Mar 25Financial Position Analysis
Short Term Liabilities: 601058's short term assets (CN¥19.2B) exceed its short term liabilities (CN¥14.7B).
Long Term Liabilities: 601058's short term assets (CN¥19.2B) exceed its long term liabilities (CN¥4.1B).
Debt to Equity History and Analysis
Debt Level: 601058's net debt to equity ratio (16.1%) is considered satisfactory.
Reducing Debt: 601058's debt to equity ratio has reduced from 74.7% to 47.9% over the past 5 years.
Debt Coverage: 601058's debt is well covered by operating cash flow (40%).
Interest Coverage: 601058's interest payments on its debt are well covered by EBIT (23.5x coverage).