CoCreation Grass Co., Ltd

SHSE:605099 Stock Report

Market Cap: CN¥7.9b

CoCreation Grass Balance Sheet Health

Financial Health criteria checks 6/6

CoCreation Grass has a total shareholder equity of CN¥2.6B and total debt of CN¥100.0M, which brings its debt-to-equity ratio to 3.8%. Its total assets and total liabilities are CN¥3.1B and CN¥444.0M respectively. CoCreation Grass's EBIT is CN¥477.3M making its interest coverage ratio -19. It has cash and short-term investments of CN¥934.9M.

Key information

3.8%

Debt to equity ratio

CN¥100.00m

Debt

Interest coverage ratio-19x
CashCN¥934.88m
EquityCN¥2.65b
Total liabilitiesCN¥443.97m
Total assetsCN¥3.09b

Recent financial health updates

Recent updates

Is CoCreation Grass (SHSE:605099) A Risky Investment?

Oct 12
Is CoCreation Grass (SHSE:605099) A Risky Investment?

The Returns On Capital At CoCreation Grass (SHSE:605099) Don't Inspire Confidence

Sep 21
The Returns On Capital At CoCreation Grass (SHSE:605099) Don't Inspire Confidence

CoCreation Grass Co., Ltd's (SHSE:605099) Shares Lagging The Market But So Is The Business

Aug 27
CoCreation Grass Co., Ltd's (SHSE:605099) Shares Lagging The Market But So Is The Business

Is CoCreation Grass (SHSE:605099) A Risky Investment?

Jun 19
Is CoCreation Grass (SHSE:605099) A Risky Investment?

CoCreation Grass Co., Ltd's (SHSE:605099) Share Price Is Matching Sentiment Around Its Earnings

May 22
CoCreation Grass Co., Ltd's (SHSE:605099) Share Price Is Matching Sentiment Around Its Earnings

Is There Now An Opportunity In CoCreation Grass Co., Ltd (SHSE:605099)?

Mar 20
Is There Now An Opportunity In CoCreation Grass Co., Ltd (SHSE:605099)?

Capital Allocation Trends At CoCreation Grass (SHSE:605099) Aren't Ideal

Feb 28
Capital Allocation Trends At CoCreation Grass (SHSE:605099) Aren't Ideal

Financial Position Analysis

Short Term Liabilities: 605099's short term assets (CN¥2.2B) exceed its short term liabilities (CN¥417.1M).

Long Term Liabilities: 605099's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥26.9M).


Debt to Equity History and Analysis

Debt Level: 605099 has more cash than its total debt.

Reducing Debt: 605099's debt to equity ratio has reduced from 15.8% to 3.8% over the past 5 years.

Debt Coverage: 605099's debt is well covered by operating cash flow (447.2%).

Interest Coverage: 605099 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Discover healthy companies