SDIC Zhonglu Fruit JuiceLtd Balance Sheet Health
Financial Health criteria checks 3/6
SDIC Zhonglu Fruit JuiceLtd has a total shareholder equity of CN¥948.9M and total debt of CN¥977.6M, which brings its debt-to-equity ratio to 103%. Its total assets and total liabilities are CN¥2.2B and CN¥1.2B respectively. SDIC Zhonglu Fruit JuiceLtd's EBIT is CN¥68.0M making its interest coverage ratio 6.4. It has cash and short-term investments of CN¥131.3M.
Key information
103.0%
Debt to equity ratio
CN¥977.62m
Debt
| Interest coverage ratio | 6.4x |
| Cash | CN¥131.29m |
| Equity | CN¥948.90m |
| Total liabilities | CN¥1.22b |
| Total assets | CN¥2.17b |
Recent financial health updates
Recent updates
What SDIC Zhonglu Fruit Juice Co.,Ltd.'s (SHSE:600962) 39% Share Price Gain Is Not Telling You
Oct 14
SDIC Zhonglu Fruit JuiceLtd (SHSE:600962) Takes On Some Risk With Its Use Of Debt
Sep 30SDIC Zhonglu Fruit JuiceLtd's (SHSE:600962) Anemic Earnings Might Be Worse Than You Think
Sep 06SDIC Zhonglu Fruit Juice Co.,Ltd.'s (SHSE:600962) Share Price Could Signal Some Risk
Jun 03SDIC Zhonglu Fruit Juice Co.,Ltd.'s (SHSE:600962) 27% Share Price Plunge Could Signal Some Risk
Feb 28Financial Position Analysis
Short Term Liabilities: 600962's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 600962's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥30.6M).
Debt to Equity History and Analysis
Debt Level: 600962's net debt to equity ratio (89.2%) is considered high.
Reducing Debt: 600962's debt to equity ratio has increased from 74.8% to 103% over the past 5 years.
Debt Coverage: 600962's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 600962's interest payments on its debt are well covered by EBIT (6.4x coverage).