China Fangda Group Balance Sheet Health
Financial Health criteria checks 4/6
China Fangda Group has a total shareholder equity of CN¥6.1B and total debt of CN¥3.2B, which brings its debt-to-equity ratio to 53.3%. Its total assets and total liabilities are CN¥13.6B and CN¥7.5B respectively. China Fangda Group's EBIT is CN¥223.9M making its interest coverage ratio 6. It has cash and short-term investments of CN¥1.5B.
Key information
53.3%
Debt to equity ratio
CN¥3.25b
Debt
| Interest coverage ratio | 6x |
| Cash | CN¥1.45b |
| Equity | CN¥6.09b |
| Total liabilities | CN¥7.46b |
| Total assets | CN¥13.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 200055's short term assets (CN¥6.3B) exceed its short term liabilities (CN¥5.5B).
Long Term Liabilities: 200055's short term assets (CN¥6.3B) exceed its long term liabilities (CN¥1.9B).
Debt to Equity History and Analysis
Debt Level: 200055's net debt to equity ratio (29.4%) is considered satisfactory.
Reducing Debt: 200055's debt to equity ratio has increased from 42.6% to 53.3% over the past 5 years.
Debt Coverage: 200055's debt is not well covered by operating cash flow (5.2%).
Interest Coverage: 200055's interest payments on its debt are well covered by EBIT (6x coverage).