Jiangsu SOPO Chemical Co. Ltd.

SHSE:600746 Stock Report

Market Cap: CN¥7.9b

Jiangsu SOPO Chemical Balance Sheet Health

Financial Health criteria checks 5/6

Jiangsu SOPO Chemical has a total shareholder equity of CN¥5.2B and total debt of CN¥513.5M, which brings its debt-to-equity ratio to 9.9%. Its total assets and total liabilities are CN¥6.5B and CN¥1.3B respectively. Jiangsu SOPO Chemical's EBIT is CN¥181.9M making its interest coverage ratio -12.1. It has cash and short-term investments of CN¥793.6M.

Key information

9.9%

Debt to equity ratio

CN¥513.49m

Debt

Interest coverage ratio-12.1x
CashCN¥793.60m
EquityCN¥5.21b
Total liabilitiesCN¥1.33b
Total assetsCN¥6.54b

Recent financial health updates

Recent updates

Jiangsu SOPO Chemical's (SHSE:600746) Solid Earnings Have Been Accounted For Conservatively

Apr 25
Jiangsu SOPO Chemical's (SHSE:600746) Solid Earnings Have Been Accounted For Conservatively

Health Check: How Prudently Does Jiangsu SOPO Chemical (SHSE:600746) Use Debt?

Mar 21
Health Check: How Prudently Does Jiangsu SOPO Chemical (SHSE:600746) Use Debt?

Financial Position Analysis

Short Term Liabilities: 600746's short term assets (CN¥2.0B) exceed its short term liabilities (CN¥1.1B).

Long Term Liabilities: 600746's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥230.1M).


Debt to Equity History and Analysis

Debt Level: 600746 has more cash than its total debt.

Reducing Debt: 600746's debt to equity ratio has increased from 0% to 9.9% over the past 5 years.

Debt Coverage: 600746's debt is well covered by operating cash flow (156.9%).

Interest Coverage: 600746 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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