Shenma IndustryLtd Balance Sheet Health
Financial Health criteria checks 2/6
Shenma IndustryLtd has a total shareholder equity of CN¥11.9B and total debt of CN¥17.0B, which brings its debt-to-equity ratio to 143.8%. Its total assets and total liabilities are CN¥33.1B and CN¥21.3B respectively. Shenma IndustryLtd's EBIT is CN¥480.9M making its interest coverage ratio 1.8. It has cash and short-term investments of CN¥8.9B.
Key information
143.8%
Debt to equity ratio
CN¥17.05b
Debt
| Interest coverage ratio | 1.8x |
| Cash | CN¥8.90b |
| Equity | CN¥11.86b |
| Total liabilities | CN¥21.27b |
| Total assets | CN¥33.12b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600810's short term assets (CN¥14.7B) exceed its short term liabilities (CN¥8.5B).
Long Term Liabilities: 600810's short term assets (CN¥14.7B) exceed its long term liabilities (CN¥12.7B).
Debt to Equity History and Analysis
Debt Level: 600810's net debt to equity ratio (68.7%) is considered high.
Reducing Debt: 600810's debt to equity ratio has increased from 96.2% to 143.8% over the past 5 years.
Debt Coverage: 600810's debt is not well covered by operating cash flow (2.2%).
Interest Coverage: 600810's interest payments on its debt are not well covered by EBIT (1.8x coverage).