Shanghai Kindly Enterprise Development GroupLTD Balance Sheet Health
Financial Health criteria checks 6/6
Shanghai Kindly Enterprise Development GroupLTD has a total shareholder equity of CN¥2.9B and total debt of CN¥619.9M, which brings its debt-to-equity ratio to 21.6%. Its total assets and total liabilities are CN¥4.1B and CN¥1.2B respectively. Shanghai Kindly Enterprise Development GroupLTD's EBIT is CN¥206.7M making its interest coverage ratio -5.5. It has cash and short-term investments of CN¥327.4M.
Key information
21.6%
Debt to equity ratio
CN¥619.91m
Debt
| Interest coverage ratio | -5.5x |
| Cash | CN¥327.39m |
| Equity | CN¥2.88b |
| Total liabilities | CN¥1.20b |
| Total assets | CN¥4.08b |
Financial Position Analysis
Short Term Liabilities: 603987's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 603987's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥107.9M).
Debt to Equity History and Analysis
Debt Level: 603987's net debt to equity ratio (10.2%) is considered satisfactory.
Reducing Debt: 603987's debt to equity ratio has reduced from 27.6% to 21.6% over the past 5 years.
Debt Coverage: 603987's debt is well covered by operating cash flow (61.4%).
Interest Coverage: 603987 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 04:18 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Shanghai Kindly Enterprise Development Group Co.,LTD. is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Xiao Wei Lin | Everbright Securities Co. Ltd. |
| Tielin Chen | Topsperity Securities |