Luoniushan Balance Sheet Health
Financial Health criteria checks 3/6
Luoniushan has a total shareholder equity of CN¥4.7B and total debt of CN¥1.5B, which brings its debt-to-equity ratio to 31.9%. Its total assets and total liabilities are CN¥10.1B and CN¥5.4B respectively. Luoniushan's EBIT is CN¥124.2M making its interest coverage ratio 1.9. It has cash and short-term investments of CN¥1.0B.
Key information
31.9%
Debt to equity ratio
CN¥1.51b
Debt
| Interest coverage ratio | 1.9x |
| Cash | CN¥1.01b |
| Equity | CN¥4.75b |
| Total liabilities | CN¥5.36b |
| Total assets | CN¥10.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000735's short term assets (CN¥3.6B) exceed its short term liabilities (CN¥3.5B).
Long Term Liabilities: 000735's short term assets (CN¥3.6B) exceed its long term liabilities (CN¥1.9B).
Debt to Equity History and Analysis
Debt Level: 000735's net debt to equity ratio (10.5%) is considered satisfactory.
Reducing Debt: 000735's debt to equity ratio has increased from 21.2% to 31.9% over the past 5 years.
Debt Coverage: 000735's debt is not well covered by operating cash flow (10%).
Interest Coverage: 000735's interest payments on its debt are not well covered by EBIT (1.9x coverage).