Shenyang Cuihua Gold and Silver Jewelry Co., Ltd.

SZSE:002731 Stock Report

Market Cap: CN¥2.4b

Shenyang Cuihua Gold and Silver Jewelry Balance Sheet Health

Financial Health criteria checks 2/6

Shenyang Cuihua Gold and Silver Jewelry has a total shareholder equity of CN¥1.7B and total debt of CN¥2.1B, which brings its debt-to-equity ratio to 124%. Its total assets and total liabilities are CN¥6.0B and CN¥4.3B respectively. Shenyang Cuihua Gold and Silver Jewelry's EBIT is CN¥176.7M making its interest coverage ratio 2.7. It has cash and short-term investments of CN¥798.6M.

Key information

124.0%

Debt to equity ratio

CN¥2.10b

Debt

Interest coverage ratio2.7x
CashCN¥798.63m
EquityCN¥1.69b
Total liabilitiesCN¥4.34b
Total assetsCN¥6.03b

Recent financial health updates

No updates

Recent updates

Impressive Earnings May Not Tell The Whole Story For Shenyang Cuihua Gold and Silver Jewelry (SZSE:002731)

Nov 06
Impressive Earnings May Not Tell The Whole Story For Shenyang Cuihua Gold and Silver Jewelry (SZSE:002731)

Financial Position Analysis

Short Term Liabilities: 002731's short term assets (CN¥4.6B) exceed its short term liabilities (CN¥3.6B).

Long Term Liabilities: 002731's short term assets (CN¥4.6B) exceed its long term liabilities (CN¥696.9M).


Debt to Equity History and Analysis

Debt Level: 002731's net debt to equity ratio (76.8%) is considered high.

Reducing Debt: 002731's debt to equity ratio has increased from 93.1% to 124% over the past 5 years.

Debt Coverage: 002731's debt is not well covered by operating cash flow (5.8%).

Interest Coverage: 002731's interest payments on its debt are not well covered by EBIT (2.7x coverage).


Balance Sheet


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