Xiangyang Changyuandonggu Industry Co., Ltd.

SHSE:603950 Stock Report

Market Cap: CN¥4.0b

Xiangyang Changyuandonggu Industry Balance Sheet Health

Financial Health criteria checks 6/6

Xiangyang Changyuandonggu Industry has a total shareholder equity of CN¥2.5B and total debt of CN¥776.5M, which brings its debt-to-equity ratio to 30.7%. Its total assets and total liabilities are CN¥4.7B and CN¥2.2B respectively. Xiangyang Changyuandonggu Industry's EBIT is CN¥202.3M making its interest coverage ratio -18.3. It has cash and short-term investments of CN¥554.5M.

Key information

30.7%

Debt to equity ratio

CN¥776.51m

Debt

Interest coverage ratio-18.3x
CashCN¥554.46m
EquityCN¥2.53b
Total liabilitiesCN¥2.19b
Total assetsCN¥4.72b

Recent financial health updates

No updates

Recent updates

Benign Growth For Xiangyang Changyuandonggu Industry Co., Ltd. (SHSE:603950) Underpins Stock's 26% Plummet

Jun 21
Benign Growth For Xiangyang Changyuandonggu Industry Co., Ltd. (SHSE:603950) Underpins Stock's 26% Plummet

Additional Considerations Required While Assessing Xiangyang Changyuandonggu Industry's (SHSE:603950) Strong Earnings

May 06
Additional Considerations Required While Assessing Xiangyang Changyuandonggu Industry's (SHSE:603950) Strong Earnings

Xiangyang Changyuandonggu Industry Co., Ltd. (SHSE:603950) Held Back By Insufficient Growth Even After Shares Climb 27%

Mar 11
Xiangyang Changyuandonggu Industry Co., Ltd. (SHSE:603950) Held Back By Insufficient Growth Even After Shares Climb 27%

Financial Position Analysis

Short Term Liabilities: 603950's short term assets (CN¥2.0B) exceed its short term liabilities (CN¥1.2B).

Long Term Liabilities: 603950's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥1.0B).


Debt to Equity History and Analysis

Debt Level: 603950's net debt to equity ratio (8.8%) is considered satisfactory.

Reducing Debt: 603950's debt to equity ratio has reduced from 112.1% to 30.7% over the past 5 years.

Debt Coverage: 603950's debt is well covered by operating cash flow (33.3%).

Interest Coverage: 603950 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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