China Design Group Balance Sheet Health
Financial Health criteria checks 5/6
China Design Group has a total shareholder equity of CN¥5.1B and total debt of CN¥758.0M, which brings its debt-to-equity ratio to 15%. Its total assets and total liabilities are CN¥12.4B and CN¥7.3B respectively. China Design Group's EBIT is CN¥664.7M making its interest coverage ratio 106.1. It has cash and short-term investments of CN¥1.5B.
Key information
15.0%
Debt to equity ratio
CN¥758.00m
Debt
| Interest coverage ratio | 106.1x |
| Cash | CN¥1.49b |
| Equity | CN¥5.06b |
| Total liabilities | CN¥7.30b |
| Total assets | CN¥12.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603018's short term assets (CN¥10.6B) exceed its short term liabilities (CN¥6.9B).
Long Term Liabilities: 603018's short term assets (CN¥10.6B) exceed its long term liabilities (CN¥433.6M).
Debt to Equity History and Analysis
Debt Level: 603018 has more cash than its total debt.
Reducing Debt: 603018's debt to equity ratio has increased from 13.2% to 15% over the past 5 years.
Debt Coverage: 603018's debt is well covered by operating cash flow (44.3%).
Interest Coverage: 603018's interest payments on its debt are well covered by EBIT (106.1x coverage).