Guangzhou Shangpin Home Collection Co., Ltd.

SZSE:300616 Stock Report

Market Cap: CN¥2.5b

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 ratio3.5x
CashCN¥2.94b
EquityCN¥3.89b
Total liabilitiesCN¥4.47b
Total assetsCN¥8.35b

Recent financial health updates

No updates

Recent updates

Guangzhou Shangpin Home Collection (SZSE:300616) Will Pay A Larger Dividend Than Last Year At CN¥0.90

May 26
Guangzhou Shangpin Home Collection (SZSE:300616) Will Pay A Larger Dividend Than Last Year At CN¥0.90

We Think That There Are Some Issues For Guangzhou Shangpin Home Collection (SZSE:300616) Beyond Its Promising Earnings

May 03
We Think That There Are Some Issues For Guangzhou Shangpin Home Collection (SZSE:300616) Beyond Its Promising Earnings

Guangzhou Shangpin Home Collection Co., Ltd.'s (SZSE:300616) Subdued P/S Might Signal An Opportunity

Apr 17
Guangzhou Shangpin Home Collection Co., Ltd.'s (SZSE:300616) Subdued P/S Might Signal An Opportunity

Financial 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).


Balance Sheet


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