Shanghai Jinfeng Wine Balance Sheet Health
Financial Health criteria checks 4/6
Shanghai Jinfeng Wine has a total shareholder equity of CN¥1.9B and total debt of CN¥37.8M, which brings its debt-to-equity ratio to 2%. Its total assets and total liabilities are CN¥2.2B and CN¥259.9M respectively.
Key information
2.0%
Debt to equity ratio
CN¥37.81m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥883.67m |
| Equity | CN¥1.91b |
| Total liabilities | CN¥259.90m |
| Total assets | CN¥2.17b |
Financial Position Analysis
Short Term Liabilities: 600616's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥169.2M).
Long Term Liabilities: 600616's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥90.7M).
Debt to Equity History and Analysis
Debt Level: 600616 has more cash than its total debt.
Reducing Debt: 600616's debt to equity ratio has increased from 1.5% to 2% over the past 5 years.
Debt Coverage: 600616's debt is well covered by operating cash flow (94%).
Interest Coverage: Insufficient data to determine if 600616's interest payments on its debt are well covered by EBIT.