Shanxi Yongdong Chemistry Industry Balance Sheet Health
Financial Health criteria checks 4/6
Shanxi Yongdong Chemistry Industry has a total shareholder equity of CN¥2.3B and total debt of CN¥740.6M, which brings its debt-to-equity ratio to 32.1%. Its total assets and total liabilities are CN¥3.2B and CN¥928.9M respectively. Shanxi Yongdong Chemistry Industry's EBIT is CN¥156.9M making its interest coverage ratio 19.9. It has cash and short-term investments of CN¥69.1M.
Key information
32.1%
Debt to equity ratio
CN¥740.55m
Debt
| Interest coverage ratio | 19.9x |
| Cash | CN¥69.15m |
| Equity | CN¥2.31b |
| Total liabilities | CN¥928.91m |
| Total assets | CN¥3.24b |
Recent financial health updates
No updates
Recent updates
Be Wary Of Shanxi Yongdong Chemistry Industry (SZSE:002753) And Its Returns On Capital
Sep 30
Shanxi Yongdong Chemistry Industry's (SZSE:002753) Dividend Will Be Increased To CN¥0.137
Jun 23Calculating The Intrinsic Value Of Shanxi Yongdong Chemistry Industry Co., Ltd. (SZSE:002753)
Jun 07Shanxi Yongdong Chemistry Industry Co., Ltd.'s (SZSE:002753) Popularity With Investors Is Under Threat From Overpricing
Apr 29Shanxi Yongdong Chemistry Industry (SZSE:002753) Might Be Having Difficulty Using Its Capital Effectively
Mar 06Financial Position Analysis
Short Term Liabilities: 002753's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥319.1M).
Long Term Liabilities: 002753's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥609.8M).
Debt to Equity History and Analysis
Debt Level: 002753's net debt to equity ratio (29.1%) is considered satisfactory.
Reducing Debt: 002753's debt to equity ratio has increased from 26.2% to 32.1% over the past 5 years.
Debt Coverage: 002753's debt is not well covered by operating cash flow (8.6%).
Interest Coverage: 002753's interest payments on its debt are well covered by EBIT (19.9x coverage).