Shengyuan Environmental ProtectionLtd Balance Sheet Health
Financial Health criteria checks 2/6
Shengyuan Environmental ProtectionLtd has a total shareholder equity of CN¥3.5B and total debt of CN¥3.8B, which brings its debt-to-equity ratio to 108.1%. Its total assets and total liabilities are CN¥8.5B and CN¥5.0B respectively. Shengyuan Environmental ProtectionLtd's EBIT is CN¥384.7M making its interest coverage ratio 2. It has cash and short-term investments of CN¥93.0M.
Key information
108.1%
Debt to equity ratio
CN¥3.83b
Debt
| Interest coverage ratio | 2x |
| Cash | CN¥92.96m |
| Equity | CN¥3.55b |
| Total liabilities | CN¥4.98b |
| Total assets | CN¥8.53b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300867's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥1.6B).
Long Term Liabilities: 300867's short term assets (CN¥1.6B) do not cover its long term liabilities (CN¥3.4B).
Debt to Equity History and Analysis
Debt Level: 300867's net debt to equity ratio (105.5%) is considered high.
Reducing Debt: 300867's debt to equity ratio has reduced from 185.2% to 108.1% over the past 5 years.
Debt Coverage: 300867's debt is not well covered by operating cash flow (10.9%).
Interest Coverage: 300867's interest payments on its debt are not well covered by EBIT (2x coverage).