Gansu Yasheng Industrial (Group) Balance Sheet Health
Financial Health criteria checks 2/6
Gansu Yasheng Industrial (Group) has a total shareholder equity of CN¥4.2B and total debt of CN¥3.5B, which brings its debt-to-equity ratio to 83.6%. Its total assets and total liabilities are CN¥9.2B and CN¥5.0B respectively. Gansu Yasheng Industrial (Group)'s EBIT is CN¥182.6M making its interest coverage ratio 1.5. It has cash and short-term investments of CN¥532.6M.
Key information
83.6%
Debt to equity ratio
CN¥3.50b
Debt
| Interest coverage ratio | 1.5x |
| Cash | CN¥532.60m |
| Equity | CN¥4.19b |
| Total liabilities | CN¥5.04b |
| Total assets | CN¥9.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600108's short term assets (CN¥4.5B) exceed its short term liabilities (CN¥2.0B).
Long Term Liabilities: 600108's short term assets (CN¥4.5B) exceed its long term liabilities (CN¥3.0B).
Debt to Equity History and Analysis
Debt Level: 600108's net debt to equity ratio (70.9%) is considered high.
Reducing Debt: 600108's debt to equity ratio has increased from 50.7% to 83.6% over the past 5 years.
Debt Coverage: 600108's debt is not well covered by operating cash flow (1.8%).
Interest Coverage: 600108's interest payments on its debt are not well covered by EBIT (1.5x coverage).