Gansu Yasheng Industrial (Group) Balance Sheet Health
Financial Health criteria checks 3/6
Gansu Yasheng Industrial (Group) has a total shareholder equity of CN¥4.2B and total debt of CN¥3.4B, which brings its debt-to-equity ratio to 81.1%. Its total assets and total liabilities are CN¥9.0B and CN¥4.8B respectively. Gansu Yasheng Industrial (Group)'s EBIT is CN¥288.0M making its interest coverage ratio -225.3. It has cash and short-term investments of CN¥663.8M.
Key information
81.1%
Debt to equity ratio
CN¥3.39b
Debt
| Interest coverage ratio | -225.3x |
| Cash | CN¥663.83m |
| Equity | CN¥4.18b |
| Total liabilities | CN¥4.81b |
| Total assets | CN¥8.99b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600108's short term assets (CN¥4.2B) exceed its short term liabilities (CN¥2.2B).
Long Term Liabilities: 600108's short term assets (CN¥4.2B) exceed its long term liabilities (CN¥2.6B).
Debt to Equity History and Analysis
Debt Level: 600108's net debt to equity ratio (65.2%) is considered high.
Reducing Debt: 600108's debt to equity ratio has increased from 55.4% to 81.1% over the past 5 years.
Debt Coverage: 600108's debt is not well covered by operating cash flow (4.7%).
Interest Coverage: 600108 earns more interest than it pays, so coverage of interest payments is not a concern.