Shanghai Chuangli Group Balance Sheet Health
Financial Health criteria checks 5/6
Shanghai Chuangli Group has a total shareholder equity of CN¥3.9B and total debt of CN¥1.0B, which brings its debt-to-equity ratio to 26.2%. Its total assets and total liabilities are CN¥7.5B and CN¥3.6B respectively. Shanghai Chuangli Group's EBIT is CN¥283.3M making its interest coverage ratio -8. It has cash and short-term investments of CN¥705.1M.
Key information
26.2%
Debt to equity ratio
CN¥1.03b
Debt
| Interest coverage ratio | -8x |
| Cash | CN¥705.09m |
| Equity | CN¥3.92b |
| Total liabilities | CN¥3.62b |
| Total assets | CN¥7.54b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603012's short term assets (CN¥5.4B) exceed its short term liabilities (CN¥3.3B).
Long Term Liabilities: 603012's short term assets (CN¥5.4B) exceed its long term liabilities (CN¥363.5M).
Debt to Equity History and Analysis
Debt Level: 603012's net debt to equity ratio (8.2%) is considered satisfactory.
Reducing Debt: 603012's debt to equity ratio has increased from 18.8% to 26.2% over the past 5 years.
Debt Coverage: 603012's debt is well covered by operating cash flow (20.4%).
Interest Coverage: 603012 earns more interest than it pays, so coverage of interest payments is not a concern.