Shenzhen Quanxinhao Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen Quanxinhao has a total shareholder equity of CN¥138.4M and total debt of CN¥38.6M, which brings its debt-to-equity ratio to 27.9%. Its total assets and total liabilities are CN¥397.0M and CN¥258.6M respectively. Shenzhen Quanxinhao's EBIT is CN¥15.7M making its interest coverage ratio -1.2. It has cash and short-term investments of CN¥197.8M.
Key information
27.9%
Debt to equity ratio
CN¥38.58m
Debt
| Interest coverage ratio | -1.2x |
| Cash | CN¥197.79m |
| Equity | CN¥138.39m |
| Total liabilities | CN¥258.58m |
| Total assets | CN¥396.96m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000007's short term assets (CN¥280.2M) exceed its short term liabilities (CN¥128.2M).
Long Term Liabilities: 000007's short term assets (CN¥280.2M) exceed its long term liabilities (CN¥130.3M).
Debt to Equity History and Analysis
Debt Level: 000007 has more cash than its total debt.
Reducing Debt: 000007's debt to equity ratio has increased from 0% to 27.9% over the past 5 years.
Debt Coverage: 000007's debt is well covered by operating cash flow (459.6%).
Interest Coverage: 000007 earns more interest than it pays, so coverage of interest payments is not a concern.