China Design Group Balance Sheet Health
Financial Health criteria checks 6/6
China Design Group has a total shareholder equity of CN¥5.1B and total debt of CN¥517.6M, which brings its debt-to-equity ratio to 10.1%. Its total assets and total liabilities are CN¥12.5B and CN¥7.4B respectively. China Design Group's EBIT is CN¥767.4M making its interest coverage ratio -159.3. It has cash and short-term investments of CN¥1.9B.
Key information
10.1%
Debt to equity ratio
CN¥517.62m
Debt
| Interest coverage ratio | -159.3x |
| Cash | CN¥1.89b |
| Equity | CN¥5.13b |
| Total liabilities | CN¥7.39b |
| Total assets | CN¥12.52b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603018's short term assets (CN¥10.9B) exceed its short term liabilities (CN¥6.9B).
Long Term Liabilities: 603018's short term assets (CN¥10.9B) exceed its long term liabilities (CN¥453.3M).
Debt to Equity History and Analysis
Debt Level: 603018 has more cash than its total debt.
Reducing Debt: 603018's debt to equity ratio has reduced from 11.2% to 10.1% over the past 5 years.
Debt Coverage: 603018's debt is well covered by operating cash flow (91%).
Interest Coverage: 603018 earns more interest than it pays, so coverage of interest payments is not a concern.