Shandong Hiking InternationalLtd Balance Sheet Health
Financial Health criteria checks 5/6
Shandong Hiking InternationalLtd has a total shareholder equity of CN¥1.6B and total debt of CN¥246.6M, which brings its debt-to-equity ratio to 15.9%. Its total assets and total liabilities are CN¥2.2B and CN¥667.0M respectively. Shandong Hiking InternationalLtd's EBIT is CN¥164.0M making its interest coverage ratio 72.1. It has cash and short-term investments of CN¥769.2M.
Key information
15.9%
Debt to equity ratio
CN¥246.60m
Debt
| Interest coverage ratio | 72.1x |
| Cash | CN¥769.22m |
| Equity | CN¥1.56b |
| Total liabilities | CN¥666.97m |
| Total assets | CN¥2.22b |
Recent financial health updates
No updates
Recent updates
Subdued Growth No Barrier To Shandong Hiking International Co.,Ltd's (SHSE:600735) Price
Oct 02
We Think You Can Look Beyond Shandong Hiking InternationalLtd's (SHSE:600735) Lackluster Earnings
Sep 05Shandong Hiking International Co.,Ltd's (SHSE:600735) 28% Share Price Surge Not Quite Adding Up
Mar 08There Are Reasons To Feel Uneasy About Shandong Hiking InternationalLtd's (SHSE:600735) Returns On Capital
Feb 28Financial Position Analysis
Short Term Liabilities: 600735's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥627.8M).
Long Term Liabilities: 600735's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥39.1M).
Debt to Equity History and Analysis
Debt Level: 600735 has more cash than its total debt.
Reducing Debt: 600735's debt to equity ratio has increased from 2.3% to 15.9% over the past 5 years.
Debt Coverage: 600735's debt is well covered by operating cash flow (57.7%).
Interest Coverage: 600735's interest payments on its debt are well covered by EBIT (72.1x coverage).