Shenzhen Comix Group Balance Sheet Health
Financial Health criteria checks 6/6
Shenzhen Comix Group has a total shareholder equity of CN¥3.1B and total debt of CN¥527.0M, which brings its debt-to-equity ratio to 17.1%. Its total assets and total liabilities are CN¥8.8B and CN¥5.7B respectively. Shenzhen Comix Group's EBIT is CN¥56.8M making its interest coverage ratio -0.9. It has cash and short-term investments of CN¥3.6B.
Key information
17.1%
Debt to equity ratio
CN¥526.96m
Debt
| Interest coverage ratio | -0.9x |
| Cash | CN¥3.55b |
| Equity | CN¥3.09b |
| Total liabilities | CN¥5.70b |
| Total assets | CN¥8.79b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002301's short term assets (CN¥7.7B) exceed its short term liabilities (CN¥5.7B).
Long Term Liabilities: 002301's short term assets (CN¥7.7B) exceed its long term liabilities (CN¥41.4M).
Debt to Equity History and Analysis
Debt Level: 002301 has more cash than its total debt.
Reducing Debt: 002301's debt to equity ratio has reduced from 97.2% to 17.1% over the past 5 years.
Debt Coverage: 002301's debt is well covered by operating cash flow (124.4%).
Interest Coverage: 002301 earns more interest than it pays, so coverage of interest payments is not a concern.