Shanghai Chinafortune Balance Sheet Health
Financial Health criteria checks 3/6
Shanghai Chinafortune has a total shareholder equity of CN¥7.9B and total debt of CN¥15.8B, which brings its debt-to-equity ratio to 200.3%. Its total assets and total liabilities are CN¥37.2B and CN¥29.3B respectively.
Key information
200.3%
Debt to equity ratio
CN¥15.76b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥17.71b |
| Equity | CN¥7.87b |
| Total liabilities | CN¥29.32b |
| Total assets | CN¥37.20b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600621's short term assets (CN¥32.3B) exceed its short term liabilities (CN¥25.2B).
Long Term Liabilities: 600621's short term assets (CN¥32.3B) exceed its long term liabilities (CN¥4.1B).
Debt to Equity History and Analysis
Debt Level: 600621 has more cash than its total debt.
Reducing Debt: 600621's debt to equity ratio has increased from 108.9% to 200.3% over the past 5 years.
Debt Coverage: 600621's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 600621's interest payments on its debt are well covered by EBIT.