Gansu Yasheng Industrial (Group) Balance Sheet Health
Financial Health criteria checks 2/6
Gansu Yasheng Industrial (Group) has a total shareholder equity of CN¥4.2B and total debt of CN¥3.6B, which brings its debt-to-equity ratio to 84.2%. Its total assets and total liabilities are CN¥9.2B and CN¥5.0B respectively. Gansu Yasheng Industrial (Group)'s EBIT is CN¥187.7M making its interest coverage ratio 1.5. It has cash and short-term investments of CN¥390.1M.
Key information
84.2%
Debt to equity ratio
CN¥3.57b
Debt
| Interest coverage ratio | 1.5x |
| Cash | CN¥390.09m |
| Equity | CN¥4.24b |
| Total liabilities | CN¥5.00b |
| Total assets | CN¥9.24b |
Recent financial health updates
No updates
Recent updates
Gansu Yasheng Industrial (Group)'s (SHSE:600108) Promising Earnings May Rest On Soft Foundations
Nov 05
Returns At Gansu Yasheng Industrial (Group) (SHSE:600108) Appear To Be Weighed Down
Oct 28There May Be Underlying Issues With The Quality Of Gansu Yasheng Industrial (Group)'s (SHSE:600108) Earnings
May 05Investor Optimism Abounds Gansu Yasheng Industrial (Group) Co., Ltd. (SHSE:600108) But Growth Is Lacking
Mar 15Financial Position Analysis
Short Term Liabilities: 600108's short term assets (CN¥4.4B) exceed its short term liabilities (CN¥2.1B).
Long Term Liabilities: 600108's short term assets (CN¥4.4B) exceed its long term liabilities (CN¥2.9B).
Debt to Equity History and Analysis
Debt Level: 600108's net debt to equity ratio (75%) is considered high.
Reducing Debt: 600108's debt to equity ratio has increased from 61.3% to 84.2% over the past 5 years.
Debt Coverage: 600108's debt is not well covered by operating cash flow (1.6%).
Interest Coverage: 600108's interest payments on its debt are not well covered by EBIT (1.5x coverage).