Shengyuan Environmental ProtectionLtd Balance Sheet Health
Financial Health criteria checks 2/6
Shengyuan Environmental ProtectionLtd has a total shareholder equity of CN¥3.6B and total debt of CN¥4.2B, which brings its debt-to-equity ratio to 116.6%. Its total assets and total liabilities are CN¥8.7B and CN¥5.0B respectively. Shengyuan Environmental ProtectionLtd's EBIT is CN¥404.8M making its interest coverage ratio 2.1. It has cash and short-term investments of CN¥230.7M.
Key information
116.6%
Debt to equity ratio
CN¥4.24b
Debt
| Interest coverage ratio | 2.1x |
| Cash | CN¥230.70m |
| Equity | CN¥3.64b |
| Total liabilities | CN¥5.04b |
| Total assets | CN¥8.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300867's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥1.6B).
Long Term Liabilities: 300867's short term assets (CN¥1.8B) 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 (110.2%) is considered high.
Reducing Debt: 300867's debt to equity ratio has reduced from 176.6% to 116.6% over the past 5 years.
Debt Coverage: 300867's debt is not well covered by operating cash flow (10.4%).
Interest Coverage: 300867's interest payments on its debt are not well covered by EBIT (2.1x coverage).