Shanghai Zijiang Enterprise Group Balance Sheet Health
Financial Health criteria checks 6/6
Shanghai Zijiang Enterprise Group has a total shareholder equity of CN¥6.4B and total debt of CN¥3.8B, which brings its debt-to-equity ratio to 59.8%. Its total assets and total liabilities are CN¥14.3B and CN¥7.9B respectively. Shanghai Zijiang Enterprise Group's EBIT is CN¥808.7M making its interest coverage ratio 32.6. It has cash and short-term investments of CN¥2.7B.
Key information
59.8%
Debt to equity ratio
CN¥3.84b
Debt
Interest coverage ratio | 32.6x |
Cash | CN¥2.70b |
Equity | CN¥6.42b |
Total liabilities | CN¥7.91b |
Total assets | CN¥14.33b |
Recent financial health updates
Recent updates
Shanghai Zijiang Enterprise Group's (SHSE:600210) Returns Have Hit A Wall
Jun 25Here's Why Shanghai Zijiang Enterprise Group (SHSE:600210) Can Manage Its Debt Responsibly
May 24Shanghai Zijiang Enterprise Group Co., Ltd.'s (SHSE:600210) Share Price Boosted 32% But Its Business Prospects Need A Lift Too
Apr 10Shanghai Zijiang Enterprise Group's (SHSE:600210) Returns Have Hit A Wall
Mar 21Financial Position Analysis
Short Term Liabilities: 600210's short term assets (CN¥8.0B) exceed its short term liabilities (CN¥6.6B).
Long Term Liabilities: 600210's short term assets (CN¥8.0B) exceed its long term liabilities (CN¥1.3B).
Debt to Equity History and Analysis
Debt Level: 600210's net debt to equity ratio (17.8%) is considered satisfactory.
Reducing Debt: 600210's debt to equity ratio has reduced from 85.2% to 59.8% over the past 5 years.
Debt Coverage: 600210's debt is well covered by operating cash flow (62%).
Interest Coverage: 600210's interest payments on its debt are well covered by EBIT (32.6x coverage).