LB Group Balance Sheet Health

Financial Health criteria checks 2/6

LB Group has a total shareholder equity of CN¥26.6B and total debt of CN¥21.4B, which brings its debt-to-equity ratio to 80.4%. Its total assets and total liabilities are CN¥66.9B and CN¥40.3B respectively. LB Group's EBIT is CN¥4.7B making its interest coverage ratio 12.6. It has cash and short-term investments of CN¥8.3B.

Key information

80.4%

Debt to equity ratio

CN¥21.36b

Debt

Interest coverage ratio12.6x
CashCN¥8.26b
EquityCN¥26.55b
Total liabilitiesCN¥40.33b
Total assetsCN¥66.88b

Recent financial health updates

Recent updates

Here's What's Concerning About LB Group's (SZSE:002601) Returns On Capital

Oct 29
Here's What's Concerning About LB Group's (SZSE:002601) Returns On Capital

At CN¥19.38, Is LB Group Co., Ltd. (SZSE:002601) Worth Looking At Closely?

Sep 29
At CN¥19.38, Is LB Group Co., Ltd. (SZSE:002601) Worth Looking At Closely?

Earnings Working Against LB Group Co., Ltd.'s (SZSE:002601) Share Price

Sep 13
Earnings Working Against LB Group Co., Ltd.'s (SZSE:002601) Share Price

Here's Why LB Group (SZSE:002601) Can Manage Its Debt Responsibly

Aug 16
Here's Why LB Group (SZSE:002601) Can Manage Its Debt Responsibly

Here's What's Concerning About LB Group's (SZSE:002601) Returns On Capital

Jun 12
Here's What's Concerning About LB Group's (SZSE:002601) Returns On Capital

LB Group (SZSE:002601) Is Due To Pay A Dividend Of CN¥0.60

May 27
LB Group (SZSE:002601) Is Due To Pay A Dividend Of CN¥0.60

Should You Investigate LB Group Co., Ltd. (SZSE:002601) At CN¥22.13?

May 26
Should You Investigate LB Group Co., Ltd. (SZSE:002601) At CN¥22.13?

Is LB Group (SZSE:002601) Using Too Much Debt?

May 10
Is LB Group (SZSE:002601) Using Too Much Debt?

LB Group (SZSE:002601) Will Want To Turn Around Its Return Trends

Feb 27
LB Group (SZSE:002601) Will Want To Turn Around Its Return Trends

Financial Position Analysis

Short Term Liabilities: 002601's short term assets (CN¥23.2B) do not cover its short term liabilities (CN¥29.7B).

Long Term Liabilities: 002601's short term assets (CN¥23.2B) exceed its long term liabilities (CN¥10.6B).


Debt to Equity History and Analysis

Debt Level: 002601's net debt to equity ratio (49.3%) is considered high.

Reducing Debt: 002601's debt to equity ratio has increased from 36.6% to 80.4% over the past 5 years.

Debt Coverage: 002601's debt is not well covered by operating cash flow (17.4%).

Interest Coverage: 002601's interest payments on its debt are well covered by EBIT (12.6x coverage).


Balance Sheet


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