Weiye Construction Group Balance Sheet Health
Financial Health criteria checks 3/6
Weiye Construction Group has a total shareholder equity of CN¥863.2M and total debt of CN¥687.3M, which brings its debt-to-equity ratio to 79.6%. Its total assets and total liabilities are CN¥13.0B and CN¥12.2B respectively. Weiye Construction Group's EBIT is CN¥316.5M making its interest coverage ratio 1.6. It has cash and short-term investments of CN¥1.1B.
Key information
79.6%
Debt to equity ratio
CN¥687.26m
Debt
| Interest coverage ratio | 1.6x |
| Cash | CN¥1.09b |
| Equity | CN¥863.16m |
| Total liabilities | CN¥12.16b |
| Total assets | CN¥13.02b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300621's short term assets (CN¥12.5B) exceed its short term liabilities (CN¥12.1B).
Long Term Liabilities: 300621's short term assets (CN¥12.5B) exceed its long term liabilities (CN¥99.4M).
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 57.1% to 79.6% over the past 5 years.
Debt Coverage: 300621's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 300621's interest payments on its debt are not well covered by EBIT (1.6x coverage).