Guangdong Sanhe Pile Balance Sheet Health
Financial Health criteria checks 3/6
Guangdong Sanhe Pile has a total shareholder equity of CN¥2.8B and total debt of CN¥2.1B, which brings its debt-to-equity ratio to 75.2%. Its total assets and total liabilities are CN¥6.9B and CN¥4.2B respectively. Guangdong Sanhe Pile's EBIT is CN¥107.2M making its interest coverage ratio 2.3. It has cash and short-term investments of CN¥1.2B.
Key information
75.2%
Debt to equity ratio
CN¥2.09b
Debt
| Interest coverage ratio | 2.3x |
| Cash | CN¥1.19b |
| Equity | CN¥2.77b |
| Total liabilities | CN¥4.15b |
| Total assets | CN¥6.92b |
Recent financial health updates
No updates
Recent updates
Guangdong Sanhe Pile's (SZSE:003037) Weak Earnings May Only Reveal A Part Of The Whole Picture
Nov 06
Guangdong Sanhe Pile's (SZSE:003037) Returns On Capital Not Reflecting Well On The Business
Sep 28Some Guangdong Sanhe Pile Co., Ltd. (SZSE:003037) Shareholders Look For Exit As Shares Take 26% Pounding
Jul 24Guangdong Sanhe Pile Co., Ltd.'s (SZSE:003037) Popularity With Investors Under Threat As Stock Sinks 26%
Jun 06Returns On Capital At Guangdong Sanhe Pile (SZSE:003037) Paint A Concerning Picture
May 27Investor Optimism Abounds Guangdong Sanhe Pile Co., Ltd. (SZSE:003037) But Growth Is Lacking
Apr 09Financial Position Analysis
Short Term Liabilities: 003037's short term assets (CN¥4.1B) exceed its short term liabilities (CN¥3.4B).
Long Term Liabilities: 003037's short term assets (CN¥4.1B) exceed its long term liabilities (CN¥712.2M).
Debt to Equity History and Analysis
Debt Level: 003037's net debt to equity ratio (32.3%) is considered satisfactory.
Reducing Debt: 003037's debt to equity ratio has increased from 46.7% to 75.2% over the past 5 years.
Debt Coverage: 003037's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 003037's interest payments on its debt are not well covered by EBIT (2.3x coverage).