Fujian Sanmu Group Balance Sheet Health
Financial Health criteria checks 3/6
Fujian Sanmu Group has a total shareholder equity of CN¥2.1B and total debt of CN¥4.3B, which brings its debt-to-equity ratio to 208.4%. Its total assets and total liabilities are CN¥9.4B and CN¥7.3B respectively. Fujian Sanmu Group's EBIT is CN¥182.7M making its interest coverage ratio 55.2. It has cash and short-term investments of CN¥1.3B.
Key information
208.4%
Debt to equity ratio
CN¥4.35b
Debt
| Interest coverage ratio | 55.2x |
| Cash | CN¥1.27b |
| Equity | CN¥2.09b |
| Total liabilities | CN¥7.28b |
| Total assets | CN¥9.36b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000632's short term assets (CN¥5.6B) exceed its short term liabilities (CN¥5.2B).
Long Term Liabilities: 000632's short term assets (CN¥5.6B) exceed its long term liabilities (CN¥2.1B).
Debt to Equity History and Analysis
Debt Level: 000632's net debt to equity ratio (147.7%) is considered high.
Reducing Debt: 000632's debt to equity ratio has increased from 176.3% to 208.4% over the past 5 years.
Debt Coverage: 000632's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 000632's interest payments on its debt are well covered by EBIT (55.2x coverage).