Sailun Group Balance Sheet Health
Financial Health criteria checks 6/6
Sailun Group has a total shareholder equity of CN¥17.8B and total debt of CN¥8.4B, which brings its debt-to-equity ratio to 47.1%. Its total assets and total liabilities are CN¥35.2B and CN¥17.3B respectively. Sailun Group's EBIT is CN¥4.7B making its interest coverage ratio 14.2. It has cash and short-term investments of CN¥5.3B.
Key information
47.1%
Debt to equity ratio
CN¥8.40b
Debt
Interest coverage ratio | 14.2x |
Cash | CN¥5.34b |
Equity | CN¥17.84b |
Total liabilities | CN¥17.33b |
Total assets | CN¥35.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 601058's short term assets (CN¥16.4B) exceed its short term liabilities (CN¥14.4B).
Long Term Liabilities: 601058's short term assets (CN¥16.4B) exceed its long term liabilities (CN¥2.9B).
Debt to Equity History and Analysis
Debt Level: 601058's net debt to equity ratio (17.1%) is considered satisfactory.
Reducing Debt: 601058's debt to equity ratio has reduced from 82.9% to 47.1% over the past 5 years.
Debt Coverage: 601058's debt is well covered by operating cash flow (54.2%).
Interest Coverage: 601058's interest payments on its debt are well covered by EBIT (14.2x coverage).