Fengxing Balance Sheet Health
Financial Health criteria checks 4/6
Fengxing has a total shareholder equity of CN¥885.0M and total debt of CN¥98.6M, which brings its debt-to-equity ratio to 11.1%. Its total assets and total liabilities are CN¥1.3B and CN¥459.7M respectively.
Key information
11.1%
Debt to equity ratio
CN¥98.55m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥311.00m |
| Equity | CN¥885.00m |
| Total liabilities | CN¥459.66m |
| Total assets | CN¥1.34b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002760's short term assets (CN¥747.5M) exceed its short term liabilities (CN¥280.6M).
Long Term Liabilities: 002760's short term assets (CN¥747.5M) exceed its long term liabilities (CN¥179.1M).
Debt to Equity History and Analysis
Debt Level: 002760 has more cash than its total debt.
Reducing Debt: 002760's debt to equity ratio has reduced from 22.6% to 11.1% over the past 5 years.
Debt Coverage: 002760's debt is not well covered by operating cash flow (8.9%).
Interest Coverage: Insufficient data to determine if 002760's interest payments on its debt are well covered by EBIT.