Fujian South Highway Machinery Balance Sheet Health
Financial Health criteria checks 6/6
Fujian South Highway Machinery has a total shareholder equity of CN¥1.3B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥2.0B and CN¥695.9M respectively. Fujian South Highway Machinery's EBIT is CN¥92.6M making its interest coverage ratio -5.1. It has cash and short-term investments of CN¥810.6M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -5.1x |
| Cash | CN¥810.63m |
| Equity | CN¥1.30b |
| Total liabilities | CN¥695.93m |
| Total assets | CN¥2.00b |
Recent financial health updates
No updates
Recent updates
Fujian South Highway Machinery's (SHSE:603280) Shareholders May Want To Dig Deeper Than Statutory Profit
Nov 06
Why Investors Shouldn't Be Surprised By Fujian South Highway Machinery Co., Ltd.'s (SHSE:603280) Low P/E
Oct 01Concerns Surrounding Fujian South Highway Machinery's (SHSE:603280) Performance
May 01Fujian South Highway Machinery (SHSE:603280) Will Be Hoping To Turn Its Returns On Capital Around
Feb 26Financial Position Analysis
Short Term Liabilities: 603280's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥684.5M).
Long Term Liabilities: 603280's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥11.4M).
Debt to Equity History and Analysis
Debt Level: 603280 is debt free.
Reducing Debt: 603280 had no debt 5 years ago.
Debt Coverage: 603280 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 603280 has no debt, therefore coverage of interest payments is not a concern.