Weiye Construction Group Balance Sheet Health
Financial Health criteria checks 3/6
Weiye Construction Group has a total shareholder equity of CN¥891.7M and total debt of CN¥731.1M, which brings its debt-to-equity ratio to 82%. Its total assets and total liabilities are CN¥14.4B and CN¥13.5B respectively. Weiye Construction Group's EBIT is CN¥187.3M making its interest coverage ratio 1.3. It has cash and short-term investments of CN¥1.4B.
Key information
82.0%
Debt to equity ratio
CN¥731.15m
Debt
| Interest coverage ratio | 1.3x |
| Cash | CN¥1.39b |
| Equity | CN¥891.65m |
| Total liabilities | CN¥13.47b |
| Total assets | CN¥14.36b |
Recent financial health updates
No updates
Recent updates
There's No Escaping Weiye Construction Group Co., Ltd.'s (SZSE:300621) Muted Revenues Despite A 38% Share Price Rise
Oct 08
Weiye Construction Group Co., Ltd. (SZSE:300621) Surges 36% Yet Its Low P/S Is No Reason For Excitement
May 23Weiye Construction Group Co., Ltd.'s (SZSE:300621) Shares Leap 27% Yet They're Still Not Telling The Full Story
Mar 12Financial Position Analysis
Short Term Liabilities: 300621's short term assets (CN¥13.8B) exceed its short term liabilities (CN¥13.4B).
Long Term Liabilities: 300621's short term assets (CN¥13.8B) exceed its long term liabilities (CN¥116.8M).
Debt to Equity History and Analysis
Debt Level: 300621 has more cash than its total debt.
Reducing Debt: 300621's debt to equity ratio has increased from 39.3% to 82% over the past 5 years.
Debt Coverage: 300621's debt is not well covered by operating cash flow (15%).
Interest Coverage: 300621's interest payments on its debt are not well covered by EBIT (1.3x coverage).