Ningbo Peacebird FashionLtd Balance Sheet Health
Financial Health criteria checks 5/6
Ningbo Peacebird FashionLtd has a total shareholder equity of CN¥4.4B and total debt of CN¥798.0M, which brings its debt-to-equity ratio to 18.3%. Its total assets and total liabilities are CN¥7.9B and CN¥3.5B respectively. Ningbo Peacebird FashionLtd's EBIT is CN¥275.1M making its interest coverage ratio 23.4. It has cash and short-term investments of CN¥1.8B.
Key information
18.3%
Debt to equity ratio
CN¥798.03m
Debt
| Interest coverage ratio | 23.4x |
| Cash | CN¥1.82b |
| Equity | CN¥4.37b |
| Total liabilities | CN¥3.50b |
| Total assets | CN¥7.87b |
Recent financial health updates
Recent updates
Ningbo Peacebird FashionLtd (SHSE:603877) Could Be Struggling To Allocate Capital
Nov 15
Ningbo Peacebird Fashion Co.,Ltd. (SHSE:603877) Shares Could Be 25% Above Their Intrinsic Value Estimate
Sep 26Ningbo Peacebird FashionLtd (SHSE:603877) Could Easily Take On More Debt
Jun 20Ningbo Peacebird FashionLtd's (SHSE:603877) Shareholders May Want To Dig Deeper Than Statutory Profit
Apr 22A Look At The Intrinsic Value Of Ningbo Peacebird Fashion Co.,Ltd. (SHSE:603877)
Apr 10Ningbo Peacebird FashionLtd (SHSE:603877) Will Be Hoping To Turn Its Returns On Capital Around
Mar 06Financial Position Analysis
Short Term Liabilities: 603877's short term assets (CN¥4.9B) exceed its short term liabilities (CN¥2.1B).
Long Term Liabilities: 603877's short term assets (CN¥4.9B) exceed its long term liabilities (CN¥1.4B).
Debt to Equity History and Analysis
Debt Level: 603877 has more cash than its total debt.
Reducing Debt: 603877's debt to equity ratio has increased from 13.2% to 18.3% over the past 5 years.
Debt Coverage: 603877's debt is well covered by operating cash flow (114.2%).
Interest Coverage: 603877's interest payments on its debt are well covered by EBIT (23.4x coverage).