Gansu Dunhuang Seed GroupLtd Balance Sheet Health
Financial Health criteria checks 6/6
Gansu Dunhuang Seed GroupLtd has a total shareholder equity of CN¥800.0M and total debt of CN¥376.6M, which brings its debt-to-equity ratio to 47.1%. Its total assets and total liabilities are CN¥1.7B and CN¥938.2M respectively. Gansu Dunhuang Seed GroupLtd's EBIT is CN¥169.6M making its interest coverage ratio 21.1. It has cash and short-term investments of CN¥753.2M.
Key information
47.1%
Debt to equity ratio
CN¥376.55m
Debt
Interest coverage ratio | 21.1x |
Cash | CN¥753.16m |
Equity | CN¥800.01m |
Total liabilities | CN¥938.17m |
Total assets | CN¥1.74b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600354's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥789.2M).
Long Term Liabilities: 600354's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥149.0M).
Debt to Equity History and Analysis
Debt Level: 600354 has more cash than its total debt.
Reducing Debt: 600354's debt to equity ratio has reduced from 119.5% to 47.1% over the past 5 years.
Debt Coverage: 600354's debt is well covered by operating cash flow (55.3%).
Interest Coverage: 600354's interest payments on its debt are well covered by EBIT (21.1x coverage).