Sichuan Development LomonLtd Balance Sheet Health
Financial Health criteria checks 4/6
Sichuan Development LomonLtd has a total shareholder equity of CN¥9.1B and total debt of CN¥4.5B, which brings its debt-to-equity ratio to 49.2%. Its total assets and total liabilities are CN¥17.1B and CN¥8.0B respectively. Sichuan Development LomonLtd's EBIT is CN¥446.3M making its interest coverage ratio -2.7. It has cash and short-term investments of CN¥3.6B.
Key information
49.2%
Debt to equity ratio
CN¥4.49b
Debt
| Interest coverage ratio | -2.7x |
| Cash | CN¥3.57b |
| Equity | CN¥9.12b |
| Total liabilities | CN¥7.95b |
| Total assets | CN¥17.07b |
Recent financial health updates
No updates
Recent updates
Sichuan Development LomonLtd's (SZSE:002312) Conservative Accounting Might Explain Soft Earnings
Apr 29
Sichuan Development Lomon (SZSE:002312) Shareholders Will Want The ROCE Trajectory To Continue
Mar 22Subdued Growth No Barrier To Sichuan Development Lomon Co., Ltd. (SZSE:002312) With Shares Advancing 29%
Mar 04Financial Position Analysis
Short Term Liabilities: 002312's short term assets (CN¥5.6B) exceed its short term liabilities (CN¥5.0B).
Long Term Liabilities: 002312's short term assets (CN¥5.6B) exceed its long term liabilities (CN¥2.9B).
Debt to Equity History and Analysis
Debt Level: 002312's net debt to equity ratio (10.1%) is considered satisfactory.
Reducing Debt: 002312's debt to equity ratio has increased from 3.7% to 49.2% over the past 5 years.
Debt Coverage: 002312's debt is not well covered by operating cash flow (18.1%).
Interest Coverage: 002312 earns more interest than it pays, so coverage of interest payments is not a concern.