Beijing Aerospace ChangfengLtd Balance Sheet Health
Financial Health criteria checks 5/6
Beijing Aerospace ChangfengLtd has a total shareholder equity of CN¥1.9B and total debt of CN¥60.0M, which brings its debt-to-equity ratio to 3.2%. Its total assets and total liabilities are CN¥3.9B and CN¥2.0B respectively.
Key information
3.2%
Debt to equity ratio
CN¥60.00m
Debt
Interest coverage ratio | n/a |
Cash | CN¥820.37m |
Equity | CN¥1.90b |
Total liabilities | CN¥1.99b |
Total assets | CN¥3.89b |
Recent financial health updates
No updates
Recent updates
Beijing Aerospace Changfeng Co.,Ltd's (SHSE:600855) Shares Climb 36% But Its Business Is Yet to Catch Up
Oct 08Subdued Growth No Barrier To Beijing Aerospace Changfeng Co.,Ltd (SHSE:600855) With Shares Advancing 33%
Aug 07There's Reason For Concern Over Beijing Aerospace Changfeng Co.,Ltd's (SHSE:600855) Massive 28% Price Jump
May 21Financial Position Analysis
Short Term Liabilities: 600855's short term assets (CN¥3.1B) exceed its short term liabilities (CN¥1.8B).
Long Term Liabilities: 600855's short term assets (CN¥3.1B) exceed its long term liabilities (CN¥215.9M).
Debt to Equity History and Analysis
Debt Level: 600855 has more cash than its total debt.
Reducing Debt: 600855's debt to equity ratio has reduced from 7.9% to 3.2% over the past 5 years.
Debt Coverage: 600855's debt is well covered by operating cash flow (242%).
Interest Coverage: Insufficient data to determine if 600855's interest payments on its debt are well covered by EBIT.