Sanwei Holding GroupLtd Balance Sheet Health
Financial Health criteria checks 1/6
Sanwei Holding GroupLtd has a total shareholder equity of CN¥3.6B and total debt of CN¥5.1B, which brings its debt-to-equity ratio to 141.4%. Its total assets and total liabilities are CN¥10.9B and CN¥7.3B respectively. Sanwei Holding GroupLtd's EBIT is CN¥246.1M making its interest coverage ratio 4.5. It has cash and short-term investments of CN¥279.5M.
Key information
141.4%
Debt to equity ratio
CN¥5.13b
Debt
Interest coverage ratio | 4.5x |
Cash | CN¥279.47m |
Equity | CN¥3.63b |
Total liabilities | CN¥7.27b |
Total assets | CN¥10.90b |
Recent financial health updates
Recent updates
Here's Why Sanwei Holding GroupLtd (SHSE:603033) Has A Meaningful Debt Burden
May 24Why Sanwei Holding GroupLtd's (SHSE:603033) Shaky Earnings Are Just The Beginning Of Its Problems
May 06Capital Allocation Trends At Sanwei Holding GroupLtd (SHSE:603033) Aren't Ideal
Apr 03Sanwei Holding Group Co.,Ltd (SHSE:603033) Not Lagging Market On Growth Or Pricing
Feb 29Financial Position Analysis
Short Term Liabilities: 603033's short term assets (CN¥2.4B) do not cover its short term liabilities (CN¥4.4B).
Long Term Liabilities: 603033's short term assets (CN¥2.4B) do not cover its long term liabilities (CN¥2.9B).
Debt to Equity History and Analysis
Debt Level: 603033's net debt to equity ratio (133.7%) is considered high.
Reducing Debt: 603033's debt to equity ratio has increased from 14.6% to 141.4% over the past 5 years.
Debt Coverage: 603033's debt is not well covered by operating cash flow (5.7%).
Interest Coverage: 603033's interest payments on its debt are well covered by EBIT (4.5x coverage).