Shanghai Chinafortune Balance Sheet Health
Financial Health criteria checks 3/6
Shanghai Chinafortune has a total shareholder equity of CN¥8.0B and total debt of CN¥14.4B, which brings its debt-to-equity ratio to 180.8%. Its total assets and total liabilities are CN¥36.5B and CN¥28.5B respectively.
Key information
180.8%
Debt to equity ratio
CN¥14.42b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥16.73b |
| Equity | CN¥7.97b |
| Total liabilities | CN¥28.52b |
| Total assets | CN¥36.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600621's short term assets (CN¥31.6B) exceed its short term liabilities (CN¥25.2B).
Long Term Liabilities: 600621's short term assets (CN¥31.6B) exceed its long term liabilities (CN¥3.3B).
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 96.7% to 180.8% 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.