ChenGuang Biotech Group Balance Sheet Health
Financial Health criteria checks 3/6
ChenGuang Biotech Group has a total shareholder equity of CN¥3.1B and total debt of CN¥4.0B, which brings its debt-to-equity ratio to 129.8%. Its total assets and total liabilities are CN¥7.7B and CN¥4.6B respectively. ChenGuang Biotech Group's EBIT is CN¥311.5M making its interest coverage ratio 4.9. It has cash and short-term investments of CN¥2.6B.
Key information
129.8%
Debt to equity ratio
CN¥4.04b
Debt
| Interest coverage ratio | 4.9x |
| Cash | CN¥2.55b |
| Equity | CN¥3.11b |
| Total liabilities | CN¥4.64b |
| Total assets | CN¥7.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300138's short term assets (CN¥5.6B) exceed its short term liabilities (CN¥3.1B).
Long Term Liabilities: 300138's short term assets (CN¥5.6B) exceed its long term liabilities (CN¥1.5B).
Debt to Equity History and Analysis
Debt Level: 300138's net debt to equity ratio (47.7%) is considered high.
Reducing Debt: 300138's debt to equity ratio has increased from 65.7% to 129.8% over the past 5 years.
Debt Coverage: 300138's debt is not well covered by operating cash flow (0.8%).
Interest Coverage: 300138's interest payments on its debt are well covered by EBIT (4.9x coverage).