Ningbo Xusheng Group Balance Sheet Health
Financial Health criteria checks 5/6
Ningbo Xusheng Group has a total shareholder equity of CN¥6.6B and total debt of CN¥4.8B, which brings its debt-to-equity ratio to 73.6%. Its total assets and total liabilities are CN¥13.3B and CN¥6.8B respectively. Ningbo Xusheng Group's EBIT is CN¥530.2M making its interest coverage ratio 46.6. It has cash and short-term investments of CN¥5.4B.
Key information
73.6%
Debt to equity ratio
CN¥4.84b
Debt
Interest coverage ratio | 46.6x |
Cash | CN¥5.38b |
Equity | CN¥6.57b |
Total liabilities | CN¥6.77b |
Total assets | CN¥13.34b |
Recent financial health updates
Recent updates
Returns On Capital At Ningbo Xusheng Group (SHSE:603305) Paint A Concerning Picture
Oct 29Ningbo Xusheng Group Co., Ltd. (SHSE:603305) Doing What It Can To Lift Shares
Oct 11Some Ningbo Xusheng Group Co., Ltd. (SHSE:603305) Analysts Just Made A Major Cut To Next Year's Estimates
Sep 02Be Wary Of Ningbo Xusheng Group (SHSE:603305) And Its Returns On Capital
Jul 16Ningbo Xusheng Group Co., Ltd.'s (SHSE:603305) Low P/E No Reason For Excitement
Jun 26Here's Why Ningbo Xusheng Group (SHSE:603305) Has A Meaningful Debt Burden
May 21Analysts Just Shaved Their Ningbo Xusheng Group Co., Ltd. (SHSE:603305) Forecasts Dramatically
May 01Capital Allocation Trends At Ningbo Xusheng Group (SHSE:603305) Aren't Ideal
Apr 16Ningbo Xusheng Group Co., Ltd. (SHSE:603305) Surges 26% Yet Its Low P/E Is No Reason For Excitement
Mar 07Financial Position Analysis
Short Term Liabilities: 603305's short term assets (CN¥7.7B) exceed its short term liabilities (CN¥3.1B).
Long Term Liabilities: 603305's short term assets (CN¥7.7B) exceed its long term liabilities (CN¥3.7B).
Debt to Equity History and Analysis
Debt Level: 603305 has more cash than its total debt.
Reducing Debt: 603305's debt to equity ratio has increased from 26.3% to 73.6% over the past 5 years.
Debt Coverage: 603305's debt is well covered by operating cash flow (23.5%).
Interest Coverage: 603305's interest payments on its debt are well covered by EBIT (46.6x coverage).