Shanying International HoldingsLtd Balance Sheet Health
Financial Health criteria checks 1/6
Shanying International HoldingsLtd has a total shareholder equity of CN¥15.9B and total debt of CN¥31.0B, which brings its debt-to-equity ratio to 195.2%. Its total assets and total liabilities are CN¥55.5B and CN¥39.6B respectively. Shanying International HoldingsLtd's EBIT is CN¥990.6M making its interest coverage ratio 1.2. It has cash and short-term investments of CN¥5.2B.
Key information
195.2%
Debt to equity ratio
CN¥31.02b
Debt
| Interest coverage ratio | 1.2x |
| Cash | CN¥5.18b |
| Equity | CN¥15.89b |
| Total liabilities | CN¥39.62b |
| Total assets | CN¥55.52b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 600567's short term assets (CN¥13.9B) do not cover its short term liabilities (CN¥29.1B).
Long Term Liabilities: 600567's short term assets (CN¥13.9B) exceed its long term liabilities (CN¥10.5B).
Debt to Equity History and Analysis
Debt Level: 600567's net debt to equity ratio (162.5%) is considered high.
Reducing Debt: 600567's debt to equity ratio has increased from 143.4% to 195.2% over the past 5 years.
Debt Coverage: 600567's debt is not well covered by operating cash flow (10.5%).
Interest Coverage: 600567's interest payments on its debt are not well covered by EBIT (1.2x coverage).