Fujian Yongan Forestry(Group)Ltd Balance Sheet Health
Financial Health criteria checks 6/6
Fujian Yongan Forestry(Group)Ltd has a total shareholder equity of CN¥1.1B and total debt of CN¥59.9M, which brings its debt-to-equity ratio to 5.5%. Its total assets and total liabilities are CN¥1.5B and CN¥405.4M respectively. Fujian Yongan Forestry(Group)Ltd's EBIT is CN¥100.5M making its interest coverage ratio 110.7. It has cash and short-term investments of CN¥155.3M.
Key information
5.5%
Debt to equity ratio
CN¥59.90m
Debt
| Interest coverage ratio | 110.7x |
| Cash | CN¥155.30m |
| Equity | CN¥1.10b |
| Total liabilities | CN¥405.37m |
| Total assets | CN¥1.50b |
Recent financial health updates
No updates
Recent updates
Revenues Not Telling The Story For Fujian Yongan Forestry(Group)Joint-Stock Co.,Ltd. (SZSE:000663) After Shares Rise 28%
Nov 11
Investors Can Find Comfort In Fujian Yongan Forestry(Group)Ltd's (SZSE:000663) Earnings Quality
Nov 06Fujian Yongan Forestry(Group)Joint-Stock Co.,Ltd. (SZSE:000663) Stock Rockets 25% As Investors Are Less Pessimistic Than Expected
Sep 26Earnings Working Against Fujian Yongan Forestry(Group)Joint-Stock Co.,Ltd.'s (SZSE:000663) Share Price Following 25% Dive
Jun 19Returns On Capital Are Showing Encouraging Signs At Fujian Yongan Forestry(Group)Ltd (SZSE:000663)
Jun 06Investors Can Find Comfort In Fujian Yongan Forestry(Group)Ltd's (SZSE:000663) Earnings Quality
May 06Subdued Growth No Barrier To Fujian Yongan Forestry(Group)Joint-Stock Co.,Ltd. (SZSE:000663) With Shares Advancing 28%
Mar 08Financial Position Analysis
Short Term Liabilities: 000663's short term assets (CN¥704.1M) exceed its short term liabilities (CN¥310.4M).
Long Term Liabilities: 000663's short term assets (CN¥704.1M) exceed its long term liabilities (CN¥95.0M).
Debt to Equity History and Analysis
Debt Level: 000663 has more cash than its total debt.
Reducing Debt: 000663's debt to equity ratio has reduced from 152.6% to 5.5% over the past 5 years.
Debt Coverage: 000663's debt is well covered by operating cash flow (252.9%).
Interest Coverage: 000663's interest payments on its debt are well covered by EBIT (110.7x coverage).