Shanghai M&G Stationery Balance Sheet Health
Financial Health criteria checks 6/6
Shanghai M&G Stationery has a total shareholder equity of CN¥8.7B and total debt of CN¥285.9M, which brings its debt-to-equity ratio to 3.3%. Its total assets and total liabilities are CN¥14.9B and CN¥6.1B respectively. Shanghai M&G Stationery's EBIT is CN¥1.7B making its interest coverage ratio -34.1. It has cash and short-term investments of CN¥5.6B.
Key information
3.3%
Debt to equity ratio
CN¥285.89m
Debt
| Interest coverage ratio | -34.1x |
| Cash | CN¥5.61b |
| Equity | CN¥8.73b |
| Total liabilities | CN¥6.14b |
| Total assets | CN¥14.87b |
Recent financial health updates
Recent updates
Shanghai M&G Stationery Inc. (SHSE:603899) Shares Could Be 46% Below Their Intrinsic Value Estimate
Aug 03
Lacklustre Performance Is Driving Shanghai M&G Stationery Inc.'s (SHSE:603899) Low P/E
Jun 25Shanghai M&G Stationery (SHSE:603899) Has A Rock Solid Balance Sheet
Jun 07An Intrinsic Calculation For Shanghai M&G Stationery Inc. (SHSE:603899) Suggests It's 27% Undervalued
Apr 24Statutory Profit Doesn't Reflect How Good Shanghai M&G Stationery's (SHSE:603899) Earnings Are
Apr 05Earnings Working Against Shanghai M&G Stationery Inc.'s (SHSE:603899) Share Price
Feb 28Financial Position Analysis
Short Term Liabilities: 603899's short term assets (CN¥11.8B) exceed its short term liabilities (CN¥5.7B).
Long Term Liabilities: 603899's short term assets (CN¥11.8B) exceed its long term liabilities (CN¥430.1M).
Debt to Equity History and Analysis
Debt Level: 603899 has more cash than its total debt.
Reducing Debt: 603899's debt to equity ratio has reduced from 7.1% to 3.3% over the past 5 years.
Debt Coverage: 603899's debt is well covered by operating cash flow (935.4%).
Interest Coverage: 603899 earns more interest than it pays, so coverage of interest payments is not a concern.