Xiangyang Changyuandonggu Industry Balance Sheet Health
Financial Health criteria checks 6/6
Xiangyang Changyuandonggu Industry has a total shareholder equity of CN¥2.6B and total debt of CN¥770.2M, which brings its debt-to-equity ratio to 29.2%. Its total assets and total liabilities are CN¥5.0B and CN¥2.3B respectively. Xiangyang Changyuandonggu Industry's EBIT is CN¥194.5M making its interest coverage ratio -173.4. It has cash and short-term investments of CN¥531.2M.
Key information
29.2%
Debt to equity ratio
CN¥770.16m
Debt
| Interest coverage ratio | -173.4x |
| Cash | CN¥531.24m |
| Equity | CN¥2.63b |
| Total liabilities | CN¥2.32b |
| Total assets | CN¥4.96b |
Recent financial health updates
No updates
Recent updates
Xiangyang Changyuandonggu Industry Co., Ltd.'s (SHSE:603950) Low P/E No Reason For Excitement
Sep 27
Capital Allocation Trends At Xiangyang Changyuandonggu Industry (SHSE:603950) Aren't Ideal
Aug 01Benign Growth For Xiangyang Changyuandonggu Industry Co., Ltd. (SHSE:603950) Underpins Stock's 26% Plummet
Jun 21Additional Considerations Required While Assessing Xiangyang Changyuandonggu Industry's (SHSE:603950) Strong Earnings
May 06Xiangyang Changyuandonggu Industry Co., Ltd. (SHSE:603950) Held Back By Insufficient Growth Even After Shares Climb 27%
Mar 11Financial Position Analysis
Short Term Liabilities: 603950's short term assets (CN¥2.1B) exceed its short term liabilities (CN¥1.3B).
Long Term Liabilities: 603950's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥1.0B).
Debt to Equity History and Analysis
Debt Level: 603950's net debt to equity ratio (9.1%) is considered satisfactory.
Reducing Debt: 603950's debt to equity ratio has reduced from 91.4% to 29.2% over the past 5 years.
Debt Coverage: 603950's debt is well covered by operating cash flow (55%).
Interest Coverage: 603950 earns more interest than it pays, so coverage of interest payments is not a concern.