Shandong Sino-Agri United BiotechnologyLtd Balance Sheet Health
Financial Health criteria checks 1/6
Shandong Sino-Agri United BiotechnologyLtd has a total shareholder equity of CN¥1.4B and total debt of CN¥1.0B, which brings its debt-to-equity ratio to 71.2%. Its total assets and total liabilities are CN¥3.9B and CN¥2.4B respectively.
Key information
71.2%
Debt to equity ratio
CN¥1.01b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥366.31m |
| Equity | CN¥1.42b |
| Total liabilities | CN¥2.45b |
| Total assets | CN¥3.87b |
Recent financial health updates
No updates
Recent updates
Shandong Sino-Agri United Biotechnology Co.,Ltd (SZSE:003042) Held Back By Insufficient Growth Even After Shares Climb 28%
Nov 29
Shandong Sino-Agri United Biotechnology Co.,Ltd (SZSE:003042) Held Back By Insufficient Growth Even After Shares Climb 28%
Nov 29Shandong Sino-Agri United Biotechnology Co.,Ltd's (SZSE:003042) Revenues Are Not Doing Enough For Some Investors
Apr 17Financial Position Analysis
Short Term Liabilities: 003042's short term assets (CN¥1.4B) do not cover its short term liabilities (CN¥1.9B).
Long Term Liabilities: 003042's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥579.2M).
Debt to Equity History and Analysis
Debt Level: 003042's net debt to equity ratio (45.4%) is considered high.
Reducing Debt: 003042's debt to equity ratio has increased from 39.2% to 71.2% over the past 5 years.
Debt Coverage: 003042's debt is not well covered by operating cash flow (10.6%).
Interest Coverage: Insufficient data to determine if 003042's interest payments on its debt are well covered by EBIT.