Shanghai Chuangli Group Balance Sheet Health
Financial Health criteria checks 6/6
Shanghai Chuangli Group has a total shareholder equity of CN¥3.7B and total debt of CN¥524.7M, which brings its debt-to-equity ratio to 14%. Its total assets and total liabilities are CN¥6.6B and CN¥2.9B respectively. Shanghai Chuangli Group's EBIT is CN¥446.9M making its interest coverage ratio -7.4. It has cash and short-term investments of CN¥746.1M.
Key information
14.0%
Debt to equity ratio
CN¥524.73m
Debt
Interest coverage ratio | -7.4x |
Cash | CN¥746.13m |
Equity | CN¥3.74b |
Total liabilities | CN¥2.90b |
Total assets | CN¥6.64b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603012's short term assets (CN¥4.8B) exceed its short term liabilities (CN¥2.7B).
Long Term Liabilities: 603012's short term assets (CN¥4.8B) exceed its long term liabilities (CN¥223.3M).
Debt to Equity History and Analysis
Debt Level: 603012 has more cash than its total debt.
Reducing Debt: 603012's debt to equity ratio has reduced from 14.1% to 14% over the past 5 years.
Debt Coverage: 603012's debt is well covered by operating cash flow (61.2%).
Interest Coverage: 603012 earns more interest than it pays, so coverage of interest payments is not a concern.