Shenghe Resources Holding Balance Sheet Health
Financial Health criteria checks 4/6
Shenghe Resources Holding has a total shareholder equity of CN¥9.0B and total debt of CN¥3.7B, which brings its debt-to-equity ratio to 41.4%. Its total assets and total liabilities are CN¥14.4B and CN¥5.4B respectively. Shenghe Resources Holding's EBIT is CN¥39.1M making its interest coverage ratio -0.6. It has cash and short-term investments of CN¥2.1B.
Key information
41.4%
Debt to equity ratio
CN¥3.73b
Debt
Interest coverage ratio | -0.6x |
Cash | CN¥2.07b |
Equity | CN¥9.02b |
Total liabilities | CN¥5.39b |
Total assets | CN¥14.41b |
Recent financial health updates
No updates
Recent updates
Forecast: Analysts Think Shenghe Resources Holding Co., Ltd's (SHSE:600392) Business Prospects Have Improved Drastically
May 01Returns On Capital At Shenghe Resources Holding (SHSE:600392) Paint A Concerning Picture
Apr 22There's Reason For Concern Over Shenghe Resources Holding Co., Ltd's (SHSE:600392) Massive 25% Price Jump
Mar 06Financial Position Analysis
Short Term Liabilities: 600392's short term assets (CN¥9.2B) exceed its short term liabilities (CN¥5.0B).
Long Term Liabilities: 600392's short term assets (CN¥9.2B) exceed its long term liabilities (CN¥412.1M).
Debt to Equity History and Analysis
Debt Level: 600392's net debt to equity ratio (18.4%) is considered satisfactory.
Reducing Debt: 600392's debt to equity ratio has increased from 38.3% to 41.4% over the past 5 years.
Debt Coverage: 600392's debt is not well covered by operating cash flow (3.7%).
Interest Coverage: 600392 earns more interest than it pays, so coverage of interest payments is not a concern.