Xiamen C&D Balance Sheet Health
Financial Health criteria checks 5/6
Xiamen C&D has a total shareholder equity of CN¥227.8B and total debt of CN¥184.7B, which brings its debt-to-equity ratio to 81.1%. Its total assets and total liabilities are CN¥891.9B and CN¥664.1B respectively. Xiamen C&D's EBIT is CN¥13.2B making its interest coverage ratio 11.5. It has cash and short-term investments of CN¥104.0B.
Key information
81.1%
Debt to equity ratio
CN¥184.73b
Debt
| Interest coverage ratio | 11.5x |
| Cash | CN¥103.97b |
| Equity | CN¥227.76b |
| Total liabilities | CN¥664.11b |
| Total assets | CN¥891.87b |
Recent financial health updates
Recent updates
Xiamen C&D (SHSE:600153) Takes On Some Risk With Its Use Of Debt
Jul 23
Xiamen C&D Inc.'s (SHSE:600153) Business And Shares Still Trailing The Market
May 27Xiamen C&D's (SHSE:600153) Solid Earnings May Rest On Weak Foundations
Apr 25Analysts Just Slashed Their Xiamen C&D Inc. (SHSE:600153) EPS Numbers
Apr 21Xiamen C&D Inc. Just Beat EPS By 17%: Here's What Analysts Think Will Happen Next
Apr 19Financial Position Analysis
Short Term Liabilities: 600153's short term assets (CN¥700.5B) exceed its short term liabilities (CN¥519.9B).
Long Term Liabilities: 600153's short term assets (CN¥700.5B) exceed its long term liabilities (CN¥144.2B).
Debt to Equity History and Analysis
Debt Level: 600153's net debt to equity ratio (35.5%) is considered satisfactory.
Reducing Debt: 600153's debt to equity ratio has reduced from 123.9% to 81.1% over the past 5 years.
Debt Coverage: 600153's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 600153's interest payments on its debt are well covered by EBIT (11.5x coverage).