Long Yuan Construction Group Balance Sheet Health
Financial Health criteria checks 2/6
Long Yuan Construction Group has a total shareholder equity of CN¥11.6B and total debt of CN¥23.1B, which brings its debt-to-equity ratio to 200.1%. Its total assets and total liabilities are CN¥55.5B and CN¥44.0B respectively. Long Yuan Construction Group's EBIT is CN¥1.2B making its interest coverage ratio 0.8. It has cash and short-term investments of CN¥1.0B.
Key information
200.1%
Debt to equity ratio
CN¥23.13b
Debt
| Interest coverage ratio | 0.8x |
| Cash | CN¥1.05b |
| Equity | CN¥11.56b |
| Total liabilities | CN¥43.97b |
| Total assets | CN¥55.53b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600491's short term assets (CN¥28.7B) exceed its short term liabilities (CN¥26.5B).
Long Term Liabilities: 600491's short term assets (CN¥28.7B) exceed its long term liabilities (CN¥17.5B).
Debt to Equity History and Analysis
Debt Level: 600491's net debt to equity ratio (191.1%) is considered high.
Reducing Debt: 600491's debt to equity ratio has increased from 150.6% to 200.1% over the past 5 years.
Debt Coverage: 600491's debt is not well covered by operating cash flow (6%).
Interest Coverage: 600491's interest payments on its debt are not well covered by EBIT (0.8x coverage).