Liaoning Shidai WanhengLtd Balance Sheet Health
Financial Health criteria checks 6/6
Liaoning Shidai WanhengLtd has a total shareholder equity of CN¥1.1B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.2B and CN¥153.3M respectively. Liaoning Shidai WanhengLtd's EBIT is CN¥40.7M making its interest coverage ratio -4.7. It has cash and short-term investments of CN¥566.0M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -4.7x |
| Cash | CN¥565.95m |
| Equity | CN¥1.08b |
| Total liabilities | CN¥153.27m |
| Total assets | CN¥1.24b |
Recent financial health updates
No updates
Recent updates
Liaoning Shidai WanhengLtd's (SHSE:600241) Solid Earnings May Rest On Weak Foundations
Apr 25
There's Been No Shortage Of Growth Recently For Liaoning Shidai WanhengLtd's (SHSE:600241) Returns On Capital
Apr 16Liaoning Shidai Wanheng Co.,Ltd.'s (SHSE:600241) Shares Climb 31% But Its Business Is Yet to Catch Up
Mar 08Financial Position Analysis
Short Term Liabilities: 600241's short term assets (CN¥834.9M) exceed its short term liabilities (CN¥148.5M).
Long Term Liabilities: 600241's short term assets (CN¥834.9M) exceed its long term liabilities (CN¥4.8M).
Debt to Equity History and Analysis
Debt Level: 600241 is debt free.
Reducing Debt: 600241 has no debt compared to 5 years ago when its debt to equity ratio was 20.6%.
Debt Coverage: 600241 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 600241 has no debt, therefore coverage of interest payments is not a concern.