Shanghai LaiyifenLtd Balance Sheet Health
Financial Health criteria checks 5/6
Shanghai LaiyifenLtd has a total shareholder equity of CN¥1.9B and total debt of CN¥228.1M, which brings its debt-to-equity ratio to 12.1%. Its total assets and total liabilities are CN¥3.2B and CN¥1.3B respectively. Shanghai LaiyifenLtd's EBIT is CN¥20.6M making its interest coverage ratio -1.4. It has cash and short-term investments of CN¥1.2B.
Key information
12.1%
Debt to equity ratio
CN¥228.11m
Debt
Interest coverage ratio | -1.4x |
Cash | CN¥1.19b |
Equity | CN¥1.89b |
Total liabilities | CN¥1.31b |
Total assets | CN¥3.19b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603777's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 603777's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥233.5M).
Debt to Equity History and Analysis
Debt Level: 603777 has more cash than its total debt.
Reducing Debt: 603777's debt to equity ratio has increased from 0% to 12.1% over the past 5 years.
Debt Coverage: 603777's debt is well covered by operating cash flow (155.8%).
Interest Coverage: 603777 earns more interest than it pays, so coverage of interest payments is not a concern.