SinoDaan Balance Sheet Health
Financial Health criteria checks 2/6
SinoDaan has a total shareholder equity of CN¥455.0M and total debt of CN¥380.9M, which brings its debt-to-equity ratio to 83.7%. Its total assets and total liabilities are CN¥1.4B and CN¥907.0M respectively. SinoDaan's EBIT is CN¥25.1M making its interest coverage ratio 2.3. It has cash and short-term investments of CN¥108.4M.
Key information
83.7%
Debt to equity ratio
CN¥380.93m
Debt
| Interest coverage ratio | 2.3x |
| Cash | CN¥108.41m |
| Equity | CN¥454.99m |
| Total liabilities | CN¥906.97m |
| Total assets | CN¥1.36b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300635's short term assets (CN¥947.7M) exceed its short term liabilities (CN¥676.5M).
Long Term Liabilities: 300635's short term assets (CN¥947.7M) exceed its long term liabilities (CN¥230.5M).
Debt to Equity History and Analysis
Debt Level: 300635's net debt to equity ratio (59.9%) is considered high.
Reducing Debt: 300635's debt to equity ratio has increased from 24.5% to 83.7% over the past 5 years.
Debt Coverage: 300635's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 300635's interest payments on its debt are not well covered by EBIT (2.3x coverage).