Shanghai Chinafortune Balance Sheet Health
Financial Health criteria checks 3/6
Shanghai Chinafortune has a total shareholder equity of CN¥8.1B and total debt of CN¥21.7B, which brings its debt-to-equity ratio to 267.3%. Its total assets and total liabilities are CN¥46.4B and CN¥38.3B respectively.
Key information
267.3%
Debt to equity ratio
CN¥21.67b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥28.58b |
| Equity | CN¥8.11b |
| Total liabilities | CN¥38.29b |
| Total assets | CN¥46.40b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600621's short term assets (CN¥39.2B) exceed its short term liabilities (CN¥33.8B).
Long Term Liabilities: 600621's short term assets (CN¥39.2B) exceed its long term liabilities (CN¥4.5B).
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 104.2% to 267.3% over the past 5 years.
Debt Coverage: 600621's debt is not well covered by operating cash flow (10%).
Interest Coverage: Insufficient data to determine if 600621's interest payments on its debt are well covered by EBIT.