Guangxi LiuYao Group Balance Sheet Health
Financial Health criteria checks 5/6
Guangxi LiuYao Group has a total shareholder equity of CN¥8.3B and total debt of CN¥4.4B, which brings its debt-to-equity ratio to 53.8%. Its total assets and total liabilities are CN¥22.0B and CN¥13.8B respectively. Guangxi LiuYao Group's EBIT is CN¥1.3B making its interest coverage ratio 7.4. It has cash and short-term investments of CN¥3.3B.
Key information
53.8%
Debt to equity ratio
CN¥4.45b
Debt
| Interest coverage ratio | 7.4x |
| Cash | CN¥3.30b |
| Equity | CN¥8.27b |
| Total liabilities | CN¥13.77b |
| Total assets | CN¥22.03b |
Recent financial health updates
Recent updates
Guangxi LiuYao Group's (SHSE:603368) Promising Earnings May Rest On Soft Foundations
Nov 05
Returns On Capital Signal Tricky Times Ahead For Guangxi LiuYao Group (SHSE:603368)
Oct 28Guangxi LiuYao Group Co., Ltd's (SHSE:603368) Intrinsic Value Is Potentially 22% Below Its Share Price
Aug 07Guangxi LiuYao Group (SHSE:603368) Is Increasing Its Dividend To CN¥0.60
Jun 06Guangxi LiuYao Group (SHSE:603368) Has A Pretty Healthy Balance Sheet
May 21Guangxi LiuYao Group's (SHSE:603368) Earnings Are Weaker Than They Seem
May 02A Look At The Fair Value Of Guangxi LiuYao Group Co., Ltd (SHSE:603368)
Apr 18Guangxi LiuYao Group Co., Ltd's (SHSE:603368) Price Is Right But Growth Is Lacking After Shares Rocket 26%
Mar 04Financial Position Analysis
Short Term Liabilities: 603368's short term assets (CN¥19.5B) exceed its short term liabilities (CN¥12.2B).
Long Term Liabilities: 603368's short term assets (CN¥19.5B) exceed its long term liabilities (CN¥1.6B).
Debt to Equity History and Analysis
Debt Level: 603368's net debt to equity ratio (13.9%) is considered satisfactory.
Reducing Debt: 603368's debt to equity ratio has reduced from 64.3% to 53.8% over the past 5 years.
Debt Coverage: 603368's debt is not well covered by operating cash flow (15.7%).
Interest Coverage: 603368's interest payments on its debt are well covered by EBIT (7.4x coverage).