Shanghai Anoky Group Balance Sheet Health
Financial Health criteria checks 4/6
Shanghai Anoky Group has a total shareholder equity of CN¥2.6B and total debt of CN¥493.8M, which brings its debt-to-equity ratio to 18.8%. Its total assets and total liabilities are CN¥3.4B and CN¥771.9M respectively. Shanghai Anoky Group's EBIT is CN¥19.5M making its interest coverage ratio 32.5. It has cash and short-term investments of CN¥328.7M.
Key information
18.8%
Debt to equity ratio
CN¥493.77m
Debt
Interest coverage ratio | 32.5x |
Cash | CN¥328.65m |
Equity | CN¥2.63b |
Total liabilities | CN¥771.93m |
Total assets | CN¥3.40b |
Recent financial health updates
No updates
Recent updates
Shanghai Anoky Group's (SZSE:300067) Shareholders Should Assess Earnings With Caution
May 01Shanghai Anoky Group Co., Ltd (SZSE:300067) Shares May Have Slumped 31% But Getting In Cheap Is Still Unlikely
Apr 22Optimistic Investors Push Shanghai Anoky Group Co., Ltd (SZSE:300067) Shares Up 49% But Growth Is Lacking
Feb 26Financial Position Analysis
Short Term Liabilities: 300067's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥648.5M).
Long Term Liabilities: 300067's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥123.4M).
Debt to Equity History and Analysis
Debt Level: 300067's net debt to equity ratio (6.3%) is considered satisfactory.
Reducing Debt: 300067's debt to equity ratio has increased from 8.3% to 18.8% over the past 5 years.
Debt Coverage: 300067's debt is not well covered by operating cash flow (3.4%).
Interest Coverage: 300067's interest payments on its debt are well covered by EBIT (32.5x coverage).