Zhejiang Yankon Group Balance Sheet Health
Financial Health criteria checks 6/6
Zhejiang Yankon Group has a total shareholder equity of CN¥3.4B and total debt of CN¥146.1M, which brings its debt-to-equity ratio to 4.3%. Its total assets and total liabilities are CN¥5.1B and CN¥1.7B respectively. Zhejiang Yankon Group's EBIT is CN¥215.9M making its interest coverage ratio -8. It has cash and short-term investments of CN¥2.3B.
Key information
4.3%
Debt to equity ratio
CN¥146.11m
Debt
| Interest coverage ratio | -8x |
| Cash | CN¥2.29b |
| Equity | CN¥3.42b |
| Total liabilities | CN¥1.68b |
| Total assets | CN¥5.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600261's short term assets (CN¥3.7B) exceed its short term liabilities (CN¥1.5B).
Long Term Liabilities: 600261's short term assets (CN¥3.7B) exceed its long term liabilities (CN¥221.2M).
Debt to Equity History and Analysis
Debt Level: 600261 has more cash than its total debt.
Reducing Debt: 600261's debt to equity ratio has reduced from 10.4% to 4.3% over the past 5 years.
Debt Coverage: 600261's debt is well covered by operating cash flow (301.7%).
Interest Coverage: 600261 earns more interest than it pays, so coverage of interest payments is not a concern.