Shandong Nanshan Fashion Sci-Tech Balance Sheet Health
Financial Health criteria checks 3/6
Shandong Nanshan Fashion Sci-Tech has a total shareholder equity of CN¥2.1B and total debt of CN¥1.4B, which brings its debt-to-equity ratio to 67.6%. Its total assets and total liabilities are CN¥4.4B and CN¥2.3B respectively. Shandong Nanshan Fashion Sci-Tech's EBIT is CN¥245.7M making its interest coverage ratio 7.4. It has cash and short-term investments of CN¥478.8M.
Key information
67.6%
Debt to equity ratio
CN¥1.41b
Debt
| Interest coverage ratio | 7.4x |
| Cash | CN¥478.77m |
| Equity | CN¥2.09b |
| Total liabilities | CN¥2.32b |
| Total assets | CN¥4.41b |
Recent financial health updates
No updates
Recent updates
Shandong Nanshan Fashion Sci-Tech Co., Ltd. (SZSE:300918) Shares Fly 33% But Investors Aren't Buying For Growth
Oct 17
Some Investors May Be Worried About Shandong Nanshan Fashion Sci-Tech's (SZSE:300918) Returns On Capital
Oct 02Shandong Nanshan Fashion Sci-Tech Co., Ltd. (SZSE:300918) Shares Fly 32% But Investors Aren't Buying For Growth
Jun 05Shandong Nanshan Fashion Sci-Tech's (SZSE:300918) Returns On Capital Not Reflecting Well On The Business
Jun 04Concerns Surrounding Shandong Nanshan Fashion Sci-Tech's (SZSE:300918) Performance
Mar 31Financial Position Analysis
Short Term Liabilities: 300918's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 300918's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥957.5M).
Debt to Equity History and Analysis
Debt Level: 300918's net debt to equity ratio (44.7%) is considered high.
Reducing Debt: 300918's debt to equity ratio has increased from 54% to 67.6% over the past 5 years.
Debt Coverage: 300918's debt is not well covered by operating cash flow (19%).
Interest Coverage: 300918's interest payments on its debt are well covered by EBIT (7.4x coverage).