Jiangsu Eastern ShenghongLtd Balance Sheet Health
Financial Health criteria checks 0/6
Jiangsu Eastern ShenghongLtd has a total shareholder equity of CN¥35.8B and total debt of CN¥135.2B, which brings its debt-to-equity ratio to 377.4%. Its total assets and total liabilities are CN¥201.7B and CN¥165.8B respectively. Jiangsu Eastern ShenghongLtd's EBIT is CN¥3.1B making its interest coverage ratio 0.8. It has cash and short-term investments of CN¥12.1B.
Key information
377.4%
Debt to equity ratio
CN¥135.23b
Debt
| Interest coverage ratio | 0.8x |
| Cash | CN¥12.07b |
| Equity | CN¥35.83b |
| Total liabilities | CN¥165.83b |
| Total assets | CN¥201.66b |
Recent financial health updates
Jiangsu Eastern ShenghongLtd (SZSE:000301) Seems To Be Using A Lot Of Debt
Aug 25
Jiangsu Eastern ShenghongLtd (SZSE:000301) Use Of Debt Could Be Considered Risky
Mar 29Recent updates
Jiangsu Eastern ShenghongLtd (SZSE:000301) Seems To Be Using A Lot Of Debt
Aug 25Jiangsu Eastern ShenghongLtd (SZSE:000301) Will Be Hoping To Turn Its Returns On Capital Around
Jul 12Investors Aren't Buying Jiangsu Eastern Shenghong Co.,Ltd.'s (SZSE:000301) Revenues
Jun 18Earnings Troubles May Signal Larger Issues for Jiangsu Eastern ShenghongLtd (SZSE:000301) Shareholders
May 06What Does Jiangsu Eastern Shenghong Co.,Ltd.'s (SZSE:000301) Share Price Indicate?
Apr 21Jiangsu Eastern ShenghongLtd (SZSE:000301) Use Of Debt Could Be Considered Risky
Mar 29Jiangsu Eastern ShenghongLtd (SZSE:000301) Could Be Struggling To Allocate Capital
Mar 14Jiangsu Eastern Shenghong Co.,Ltd.'s (SZSE:000301) Share Price Matching Investor Opinion
Feb 28Financial Position Analysis
Short Term Liabilities: 000301's short term assets (CN¥41.4B) do not cover its short term liabilities (CN¥84.5B).
Long Term Liabilities: 000301's short term assets (CN¥41.4B) do not cover its long term liabilities (CN¥81.3B).
Debt to Equity History and Analysis
Debt Level: 000301's net debt to equity ratio (343.8%) is considered high.
Reducing Debt: 000301's debt to equity ratio has increased from 42.7% to 377.4% over the past 5 years.
Debt Coverage: 000301's debt is not well covered by operating cash flow (5.1%).
Interest Coverage: 000301's interest payments on its debt are not well covered by EBIT (0.8x coverage).