Shanghai Chuangli Group Balance Sheet Health
Financial Health criteria checks 5/6
Shanghai Chuangli Group has a total shareholder equity of CN¥3.8B and total debt of CN¥568.8M, which brings its debt-to-equity ratio to 15%. Its total assets and total liabilities are CN¥6.8B and CN¥3.0B respectively. Shanghai Chuangli Group's EBIT is CN¥353.8M making its interest coverage ratio -8.1. It has cash and short-term investments of CN¥1.0B.
Key information
15.0%
Debt to equity ratio
CN¥568.77m
Debt
Interest coverage ratio | -8.1x |
Cash | CN¥1.02b |
Equity | CN¥3.78b |
Total liabilities | CN¥3.04b |
Total assets | CN¥6.82b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603012's short term assets (CN¥5.0B) exceed its short term liabilities (CN¥2.7B).
Long Term Liabilities: 603012's short term assets (CN¥5.0B) exceed its long term liabilities (CN¥334.6M).
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 increased from 14% to 15% over the past 5 years.
Debt Coverage: 603012's debt is well covered by operating cash flow (65.2%).
Interest Coverage: 603012 earns more interest than it pays, so coverage of interest payments is not a concern.