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¥4.4B and total debt of CN¥2.1B, which brings its debt-to-equity ratio to 48.8%. Its total assets and total liabilities are CN¥7.6B and CN¥3.2B respectively. Shanghai Bairun Investment Holding Group's EBIT is CN¥952.2M making its interest coverage ratio 74. It has cash and short-term investments of CN¥1.7B.
Key information
48.8%
Debt to equity ratio
CN¥2.14b
Debt
| Interest coverage ratio | 74x |
| Cash | CN¥1.72b |
| Equity | CN¥4.37b |
| Total liabilities | CN¥3.18b |
| Total assets | CN¥7.56b |
Recent financial health updates
Shanghai Bairun Investment Holding Group (SZSE:002568) Seems To Use Debt Quite Sensibly
Jun 21
Is Shanghai Bairun Investment Holding Group (SZSE:002568) Using Too Much Debt?
Feb 29Recent updates
There's No Escaping Shanghai Bairun Investment Holding Group Co., Ltd.'s (SZSE:002568) Muted Earnings
Sep 06We Like These Underlying Return On Capital Trends At Shanghai Bairun Investment Holding Group (SZSE:002568)
Jul 12Shanghai Bairun Investment Holding Group (SZSE:002568) Seems To Use Debt Quite Sensibly
Jun 21Shanghai Bairun Investment Holding Group Co., Ltd.'s (SZSE:002568) 26% Price Boost Is Out Of Tune With Earnings
May 22Impressive Earnings May Not Tell The Whole Story For Shanghai Bairun Investment Holding Group (SZSE:002568)
May 02Analysts 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¥3.1B) exceed its short term liabilities (CN¥1.9B).
Long Term Liabilities: 002568's short term assets (CN¥3.1B) exceed its long term liabilities (CN¥1.3B).
Debt to Equity History and Analysis
Debt Level: 002568's net debt to equity ratio (9.5%) is considered satisfactory.
Reducing Debt: 002568's debt to equity ratio has increased from 0% to 48.8% over the past 5 years.
Debt Coverage: 002568's debt is well covered by operating cash flow (21.5%).
Interest Coverage: 002568's interest payments on its debt are well covered by EBIT (74x coverage).