Guangzhou Shangpin Home Collection Balance Sheet Health
Financial Health criteria checks 5/6
Guangzhou Shangpin Home Collection has a total shareholder equity of CN¥3.9B and total debt of CN¥2.3B, which brings its debt-to-equity ratio to 58.1%. Its total assets and total liabilities are CN¥8.4B and CN¥4.5B respectively. Guangzhou Shangpin Home Collection's EBIT is CN¥78.8M making its interest coverage ratio 3.5. It has cash and short-term investments of CN¥2.9B.
Key information
58.1%
Debt to equity ratio
CN¥2.26b
Debt
| Interest coverage ratio | 3.5x |
| Cash | CN¥2.94b |
| Equity | CN¥3.89b |
| Total liabilities | CN¥4.47b |
| Total assets | CN¥8.35b |
Recent financial health updates
No updates
Recent updates
Guangzhou Shangpin Home Collection Co., Ltd.'s (SZSE:300616) Stock Retreats 30% But Earnings Haven't Escaped The Attention Of Investors
Jun 17
Guangzhou Shangpin Home Collection (SZSE:300616) Will Pay A Larger Dividend Than Last Year At CN¥0.90
May 26We Think That There Are Some Issues For Guangzhou Shangpin Home Collection (SZSE:300616) Beyond Its Promising Earnings
May 03Guangzhou Shangpin Home Collection Co., Ltd.'s (SZSE:300616) Subdued P/S Might Signal An Opportunity
Apr 17Financial Position Analysis
Short Term Liabilities: 300616's short term assets (CN¥4.0B) exceed its short term liabilities (CN¥3.6B).
Long Term Liabilities: 300616's short term assets (CN¥4.0B) exceed its long term liabilities (CN¥820.9M).
Debt to Equity History and Analysis
Debt Level: 300616 has more cash than its total debt.
Reducing Debt: 300616's debt to equity ratio has increased from 0% to 58.1% over the past 5 years.
Debt Coverage: 300616's debt is well covered by operating cash flow (34.7%).
Interest Coverage: 300616's interest payments on its debt are well covered by EBIT (3.5x coverage).