Shenzhen Riland Industry Group Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen Riland Industry Group has a total shareholder equity of CN¥1.8B and total debt of CN¥328.1M, which brings its debt-to-equity ratio to 18.2%. Its total assets and total liabilities are CN¥2.6B and CN¥761.7M respectively. Shenzhen Riland Industry Group's EBIT is CN¥57.1M making its interest coverage ratio -1.5. It has cash and short-term investments of CN¥1.3B.
Key information
18.2%
Debt to equity ratio
CN¥328.12m
Debt
| Interest coverage ratio | -1.5x |
| Cash | CN¥1.28b |
| Equity | CN¥1.81b |
| Total liabilities | CN¥761.69m |
| Total assets | CN¥2.57b |
Recent financial health updates
No updates
Recent updates
We Think You Should Be Aware Of Some Concerning Factors In Shenzhen Riland Industry Group's (SZSE:300154) Earnings
Nov 04
What Shenzhen Riland Industry Group Co., Ltd's (SZSE:300154) 37% Share Price Gain Is Not Telling You
Oct 08Shenzhen Riland Industry Group (SZSE:300154) Is Increasing Its Dividend To CN¥0.20
Jun 25Shenzhen Riland Industry Group's (SZSE:300154) Solid Profits Have Weak Fundamentals
Apr 15There's No Escaping Shenzhen Riland Industry Group Co., Ltd's (SZSE:300154) Muted Earnings
Feb 26Financial Position Analysis
Short Term Liabilities: 300154's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥506.3M).
Long Term Liabilities: 300154's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥255.4M).
Debt to Equity History and Analysis
Debt Level: 300154 has more cash than its total debt.
Reducing Debt: 300154's debt to equity ratio has increased from 0% to 18.2% over the past 5 years.
Debt Coverage: 300154's debt is well covered by operating cash flow (35%).
Interest Coverage: 300154 earns more interest than it pays, so coverage of interest payments is not a concern.