Shanghai Dragon Balance Sheet Health
Financial Health criteria checks 5/6
Shanghai Dragon has a total shareholder equity of CN¥774.2M and total debt of CN¥404.2M, which brings its debt-to-equity ratio to 52.2%. Its total assets and total liabilities are CN¥1.7B and CN¥885.7M respectively. Shanghai Dragon's EBIT is CN¥37.4M making its interest coverage ratio 4. It has cash and short-term investments of CN¥383.9M.
Key information
52.2%
Debt to equity ratio
CN¥404.23m
Debt
| Interest coverage ratio | 4x |
| Cash | CN¥383.94m |
| Equity | CN¥774.22m |
| Total liabilities | CN¥885.65m |
| Total assets | CN¥1.66b |
Recent financial health updates
No updates
Recent updates
What Shanghai Dragon Corporation's (SHSE:600630) 28% Share Price Gain Is Not Telling You
Nov 14
Investors Shouldn't Be Too Comfortable With Shanghai Dragon's (SHSE:600630) Earnings
Nov 05Shanghai Dragon Corporation (SHSE:600630) Investors Are Less Pessimistic Than Expected
Sep 30Shanghai Dragon (SHSE:600630) Has Some Difficulty Using Its Capital Effectively
Jun 07Shanghai Dragon's (SHSE:600630) Earnings Seem To Be Promising
May 06Shanghai Dragon Corporation's (SHSE:600630) Popularity With Investors Under Threat As Stock Sinks 26%
Apr 15Shanghai Dragon Corporation (SHSE:600630) Shares May Have Slumped 28% But Getting In Cheap Is Still Unlikely
Feb 26Financial Position Analysis
Short Term Liabilities: 600630's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥784.6M).
Long Term Liabilities: 600630's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥101.0M).
Debt to Equity History and Analysis
Debt Level: 600630's net debt to equity ratio (2.6%) is considered satisfactory.
Reducing Debt: 600630's debt to equity ratio has increased from 36% to 52.2% over the past 5 years.
Debt Coverage: 600630's debt is well covered by operating cash flow (47.3%).
Interest Coverage: 600630's interest payments on its debt are well covered by EBIT (4x coverage).