Ningbo ShanshanLtd Balance Sheet Health
Financial Health criteria checks 2/6
Ningbo ShanshanLtd has a total shareholder equity of CN¥23.7B and total debt of CN¥19.0B, which brings its debt-to-equity ratio to 80.3%. Its total assets and total liabilities are CN¥49.6B and CN¥26.0B respectively. Ningbo ShanshanLtd's EBIT is CN¥584.6M making its interest coverage ratio 1.1. It has cash and short-term investments of CN¥5.6B.
Key information
80.3%
Debt to equity ratio
CN¥19.02b
Debt
| Interest coverage ratio | 1.1x |
| Cash | CN¥5.61b |
| Equity | CN¥23.67b |
| Total liabilities | CN¥25.96b |
| Total assets | CN¥49.63b |
Recent financial health updates
Recent updates
Market Cool On Ningbo Shanshan Co.,Ltd.'s (SHSE:600884) Revenues
Jul 01
Is Ningbo ShanshanLtd (SHSE:600884) Using Too Much Debt?
May 24Ningbo ShanshanLtd's (SHSE:600884) Shareholders Have More To Worry About Than Only Soft Earnings
May 02Time To Worry? Analysts Are Downgrading Their Ningbo Shanshan Co.,Ltd. (SHSE:600884) Outlook
May 01Ningbo Shanshan Co.,Ltd.'s (SHSE:600884) Shares Lagging The Market But So Is The Business
Mar 21Financial Position Analysis
Short Term Liabilities: 600884's short term assets (CN¥18.8B) exceed its short term liabilities (CN¥15.1B).
Long Term Liabilities: 600884's short term assets (CN¥18.8B) exceed its long term liabilities (CN¥10.9B).
Debt to Equity History and Analysis
Debt Level: 600884's net debt to equity ratio (56.6%) is considered high.
Reducing Debt: 600884's debt to equity ratio has increased from 40.5% to 80.3% over the past 5 years.
Debt Coverage: 600884's debt is not well covered by operating cash flow (7.6%).
Interest Coverage: 600884's interest payments on its debt are not well covered by EBIT (1.1x coverage).