Wuhu Fuchun Dye and WeaveLtd Balance Sheet Health
Financial Health criteria checks 4/6
Wuhu Fuchun Dye and WeaveLtd has a total shareholder equity of CN¥1.9B and total debt of CN¥1.4B, which brings its debt-to-equity ratio to 74.6%. Its total assets and total liabilities are CN¥4.9B and CN¥3.0B respectively. Wuhu Fuchun Dye and WeaveLtd's EBIT is CN¥191.4M making its interest coverage ratio -11.6. It has cash and short-term investments of CN¥696.7M.
Key information
74.6%
Debt to equity ratio
CN¥1.39b
Debt
| Interest coverage ratio | -11.6x |
| Cash | CN¥696.65m |
| Equity | CN¥1.86b |
| Total liabilities | CN¥3.04b |
| Total assets | CN¥4.90b |
Recent financial health updates
No updates
Recent updates
We Think That There Are Issues Underlying Wuhu Fuchun Dye and WeaveLtd's (SHSE:605189) Earnings
Nov 04
Be Wary Of Wuhu Fuchun Dye and WeaveLtd (SHSE:605189) And Its Returns On Capital
Jul 13Fewer Investors Than Expected Jumping On Wuhu Fuchun Dye and Weave Co.,Ltd. (SHSE:605189)
Apr 29Wuhu Fuchun Dye and WeaveLtd's (SHSE:605189) Anemic Earnings Might Be Worse Than You Think
Apr 01Financial Position Analysis
Short Term Liabilities: 605189's short term assets (CN¥2.7B) exceed its short term liabilities (CN¥2.2B).
Long Term Liabilities: 605189's short term assets (CN¥2.7B) exceed its long term liabilities (CN¥864.7M).
Debt to Equity History and Analysis
Debt Level: 605189's net debt to equity ratio (37.2%) is considered satisfactory.
Reducing Debt: 605189's debt to equity ratio has increased from 15.9% to 74.6% over the past 5 years.
Debt Coverage: 605189's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 605189 earns more interest than it pays, so coverage of interest payments is not a concern.