Gansu Yasheng Industrial (Group) Co., Ltd.

SHSE:600108 Stock Report

Market Cap: CN¥5.5b

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 ratio1.5x
CashCN¥390.09m
EquityCN¥4.24b
Total liabilitiesCN¥5.00b
Total assetsCN¥9.24b

Recent financial health updates

No updates

Recent updates

Returns At Gansu Yasheng Industrial (Group) (SHSE:600108) Appear To Be Weighed Down

Oct 28
Returns At Gansu Yasheng Industrial (Group) (SHSE:600108) Appear To Be Weighed Down

There May Be Underlying Issues With The Quality Of Gansu Yasheng Industrial (Group)'s (SHSE:600108) Earnings

May 05
There May Be Underlying Issues With The Quality Of Gansu Yasheng Industrial (Group)'s (SHSE:600108) Earnings

Investor Optimism Abounds Gansu Yasheng Industrial (Group) Co., Ltd. (SHSE:600108) But Growth Is Lacking

Mar 15
Investor Optimism Abounds Gansu Yasheng Industrial (Group) Co., Ltd. (SHSE:600108) But Growth Is Lacking

Financial 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).


Balance Sheet


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