Shanghai Bairun Investment Holding Group Balance Sheet Health
Financial Health criteria checks 5/6
Shanghai Bairun Investment Holding Group has a total shareholder equity of CN¥4.2B and total debt of CN¥1.7B, which brings its debt-to-equity ratio to 41.5%. Its total assets and total liabilities are CN¥7.1B and CN¥2.9B respectively. Shanghai Bairun Investment Holding Group's EBIT is CN¥944.8M making its interest coverage ratio 250.6. It has cash and short-term investments of CN¥1.6B.
Key information
41.5%
Debt to equity ratio
CN¥1.73b
Debt
| Interest coverage ratio | 250.6x |
| Cash | CN¥1.57b |
| Equity | CN¥4.17b |
| Total liabilities | CN¥2.92b |
| Total assets | CN¥7.09b |
Recent financial health updates
Recent updates
Impressive Earnings May Not Tell The Whole Story For Shanghai Bairun Investment Holding Group (SZSE:002568)
May 02
Analysts Just Slashed Their Shanghai Bairun Investment Holding Group Co., Ltd. (SZSE:002568) EPS Numbers
Apr 30Revenue Miss: Shanghai Bairun Investment Holding Group Co., Ltd. Fell 10% Short Of Analyst Revenue Estimates And Analysts Have Been Revising Their Models
Apr 28Is Shanghai Bairun Investment Holding Group Co., Ltd. (SZSE:002568) Trading At A 43% Discount?
Apr 17Returns On Capital Are A Standout For Shanghai Bairun Investment Holding Group (SZSE:002568)
Mar 31Is Shanghai Bairun Investment Holding Group (SZSE:002568) Using Too Much Debt?
Feb 29Financial Position Analysis
Short Term Liabilities: 002568's short term assets (CN¥2.7B) exceed its short term liabilities (CN¥1.8B).
Long Term Liabilities: 002568's short term assets (CN¥2.7B) exceed its long term liabilities (CN¥1.1B).
Debt to Equity History and Analysis
Debt Level: 002568's net debt to equity ratio (3.9%) is considered satisfactory.
Reducing Debt: 002568's debt to equity ratio has increased from 0% to 41.5% over the past 5 years.
Debt Coverage: 002568's debt is well covered by operating cash flow (44.6%).
Interest Coverage: 002568's interest payments on its debt are well covered by EBIT (250.6x coverage).