Kaishan Group Balance Sheet Health
Financial Health criteria checks 1/6
Kaishan Group has a total shareholder equity of CN¥6.4B and total debt of CN¥8.0B, which brings its debt-to-equity ratio to 125.4%. Its total assets and total liabilities are CN¥16.7B and CN¥10.3B respectively. Kaishan Group's EBIT is CN¥565.5M making its interest coverage ratio 2.8. It has cash and short-term investments of CN¥2.7B.
Key information
125.4%
Debt to equity ratio
CN¥7.97b
Debt
| Interest coverage ratio | 2.8x |
| Cash | CN¥2.68b |
| Equity | CN¥6.35b |
| Total liabilities | CN¥10.32b |
| Total assets | CN¥16.67b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300257's short term assets (CN¥5.9B) do not cover its short term liabilities (CN¥6.4B).
Long Term Liabilities: 300257's short term assets (CN¥5.9B) exceed its long term liabilities (CN¥3.9B).
Debt to Equity History and Analysis
Debt Level: 300257's net debt to equity ratio (83.2%) is considered high.
Reducing Debt: 300257's debt to equity ratio has increased from 79.3% to 125.4% over the past 5 years.
Debt Coverage: 300257's debt is not well covered by operating cash flow (4.9%).
Interest Coverage: 300257's interest payments on its debt are not well covered by EBIT (2.8x coverage).