Shanghai Emperor of Cleaning Hi-Tech Balance Sheet Health
Financial Health criteria checks 4/6
Shanghai Emperor of Cleaning Hi-Tech has a total shareholder equity of CN¥998.3M and total debt of CN¥262.8M, which brings its debt-to-equity ratio to 26.3%. Its total assets and total liabilities are CN¥1.5B and CN¥472.3M respectively. Shanghai Emperor of Cleaning Hi-Tech's EBIT is CN¥36.8M making its interest coverage ratio -15.4. It has cash and short-term investments of CN¥374.2M.
Key information
26.3%
Debt to equity ratio
CN¥262.80m
Debt
Interest coverage ratio | -15.4x |
Cash | CN¥374.22m |
Equity | CN¥998.29m |
Total liabilities | CN¥472.28m |
Total assets | CN¥1.47b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603200's short term assets (CN¥999.4M) exceed its short term liabilities (CN¥456.9M).
Long Term Liabilities: 603200's short term assets (CN¥999.4M) exceed its long term liabilities (CN¥15.4M).
Debt to Equity History and Analysis
Debt Level: 603200 has more cash than its total debt.
Reducing Debt: 603200's debt to equity ratio has increased from 2.5% to 26.3% over the past 5 years.
Debt Coverage: 603200's debt is not well covered by operating cash flow (19.3%).
Interest Coverage: 603200 earns more interest than it pays, so coverage of interest payments is not a concern.