Black Peony (Group) Balance Sheet Health
Financial Health criteria checks 3/6
Black Peony (Group) has a total shareholder equity of CN¥11.1B and total debt of CN¥11.1B, which brings its debt-to-equity ratio to 100.3%. Its total assets and total liabilities are CN¥31.2B and CN¥20.1B respectively. Black Peony (Group)'s EBIT is CN¥1.8B making its interest coverage ratio 100.3. It has cash and short-term investments of CN¥4.0B.
Key information
100.3%
Debt to equity ratio
CN¥11.15b
Debt
| Interest coverage ratio | 100.3x |
| Cash | CN¥3.99b |
| Equity | CN¥11.11b |
| Total liabilities | CN¥20.13b |
| Total assets | CN¥31.24b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600510's short term assets (CN¥25.6B) exceed its short term liabilities (CN¥12.1B).
Long Term Liabilities: 600510's short term assets (CN¥25.6B) exceed its long term liabilities (CN¥8.0B).
Debt to Equity History and Analysis
Debt Level: 600510's net debt to equity ratio (64.4%) is considered high.
Reducing Debt: 600510's debt to equity ratio has increased from 95.4% to 100.3% over the past 5 years.
Debt Coverage: 600510's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 600510's interest payments on its debt are well covered by EBIT (100.3x coverage).