Shanghai Foreign Service Holding Group Balance Sheet Health
Financial Health criteria checks 6/6
Shanghai Foreign Service Holding Group has a total shareholder equity of CN¥4.9B and total debt of CN¥767.4M, which brings its debt-to-equity ratio to 15.7%. Its total assets and total liabilities are CN¥15.6B and CN¥10.7B respectively. Shanghai Foreign Service Holding Group's EBIT is CN¥787.2M making its interest coverage ratio -5.7. It has cash and short-term investments of CN¥9.0B.
Key information
15.7%
Debt to equity ratio
CN¥767.38m
Debt
| Interest coverage ratio | -5.7x |
| Cash | CN¥8.97b |
| Equity | CN¥4.89b |
| Total liabilities | CN¥10.74b |
| Total assets | CN¥15.63b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600662's short term assets (CN¥12.6B) exceed its short term liabilities (CN¥10.6B).
Long Term Liabilities: 600662's short term assets (CN¥12.6B) exceed its long term liabilities (CN¥117.8M).
Debt to Equity History and Analysis
Debt Level: 600662 has more cash than its total debt.
Reducing Debt: 600662's debt to equity ratio has reduced from 58.6% to 15.7% over the past 5 years.
Debt Coverage: 600662's debt is well covered by operating cash flow (63.2%).
Interest Coverage: 600662 earns more interest than it pays, so coverage of interest payments is not a concern.