Shiyan Taixiang IndustryLtd Balance Sheet Health
Financial Health criteria checks 5/6
Shiyan Taixiang IndustryLtd has a total shareholder equity of CN¥597.6M and total debt of CN¥126.5M, which brings its debt-to-equity ratio to 21.2%. Its total assets and total liabilities are CN¥841.6M and CN¥244.0M respectively. Shiyan Taixiang IndustryLtd's EBIT is CN¥49.5M making its interest coverage ratio 74.1. It has cash and short-term investments of CN¥286.0M.
Key information
21.2%
Debt to equity ratio
CN¥126.47m
Debt
| Interest coverage ratio | 74.1x |
| Cash | CN¥285.99m |
| Equity | CN¥597.62m |
| Total liabilities | CN¥243.95m |
| Total assets | CN¥841.57m |
Recent financial health updates
No updates
Recent updates
Shiyan Taixiang IndustryLtd's (SZSE:301192) Solid Earnings May Rest On Weak Foundations
Nov 04
Shiyan Taixiang IndustryLtd (SZSE:301192) Is Due To Pay A Dividend Of CN¥0.20
May 27There May Be Reason For Hope In Shiyan Taixiang IndustryLtd's (SZSE:301192) Disappointing Earnings
May 06Some Confidence Is Lacking In Shiyan Taixiang Industry Co.,Ltd.'s (SZSE:301192) P/E
Mar 05Financial Position Analysis
Short Term Liabilities: 301192's short term assets (CN¥501.3M) exceed its short term liabilities (CN¥143.5M).
Long Term Liabilities: 301192's short term assets (CN¥501.3M) exceed its long term liabilities (CN¥100.4M).
Debt to Equity History and Analysis
Debt Level: 301192 has more cash than its total debt.
Reducing Debt: 301192's debt to equity ratio has increased from 0% to 21.2% over the past 5 years.
Debt Coverage: 301192's debt is well covered by operating cash flow (89.2%).
Interest Coverage: 301192's interest payments on its debt are well covered by EBIT (74.1x coverage).