Shanghai Trendzone Holdings GroupLtd Balance Sheet Health
Financial Health criteria checks 4/6
Shanghai Trendzone Holdings GroupLtd has a total shareholder equity of CN¥1.1B and total debt of CN¥298.9M, which brings its debt-to-equity ratio to 27.9%. Its total assets and total liabilities are CN¥2.6B and CN¥1.5B respectively.
Key information
27.9%
Debt to equity ratio
CN¥298.94m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥276.09m |
| Equity | CN¥1.07b |
| Total liabilities | CN¥1.52b |
| Total assets | CN¥2.59b |
Recent financial health updates
No updates
Recent updates
Shanghai Trendzone Holdings Group Co.,Ltd (SHSE:603030) May Have Run Too Fast Too Soon With Recent 26% Price Plummet
Apr 23
Shanghai Trendzone Holdings GroupLtd's (SHSE:603030) Profits Appear To Have Quality Issues
Apr 17Investor Optimism Abounds Shanghai Trendzone Holdings Group Co.,Ltd (SHSE:603030) But Growth Is Lacking
Mar 08Financial Position Analysis
Short Term Liabilities: 603030's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 603030's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥435.9M).
Debt to Equity History and Analysis
Debt Level: 603030's net debt to equity ratio (2.1%) is considered satisfactory.
Reducing Debt: 603030's debt to equity ratio has reduced from 77% to 27.9% over the past 5 years.
Debt Coverage: 603030's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 603030's interest payments on its debt are well covered by EBIT.