Shanghai Phoenix Enterprise (Group) Balance Sheet Health
Financial Health criteria checks 4/6
Shanghai Phoenix Enterprise (Group) has a total shareholder equity of CN¥2.2B and total debt of CN¥339.9M, which brings its debt-to-equity ratio to 15.4%. Its total assets and total liabilities are CN¥3.4B and CN¥1.2B respectively. Shanghai Phoenix Enterprise (Group)'s EBIT is CN¥36.8M making its interest coverage ratio -2.5. It has cash and short-term investments of CN¥861.6M.
Key information
15.4%
Debt to equity ratio
CN¥339.92m
Debt
Interest coverage ratio | -2.5x |
Cash | CN¥861.56m |
Equity | CN¥2.21b |
Total liabilities | CN¥1.20b |
Total assets | CN¥3.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 900916's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 900916's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥119.4M).
Debt to Equity History and Analysis
Debt Level: 900916 has more cash than its total debt.
Reducing Debt: 900916's debt to equity ratio has increased from 3.9% to 15.4% over the past 5 years.
Debt Coverage: 900916's debt is not well covered by operating cash flow (16.2%).
Interest Coverage: 900916 earns more interest than it pays, so coverage of interest payments is not a concern.