Shanghai Ailu Package Balance Sheet Health
Financial Health criteria checks 4/6
Shanghai Ailu Package has a total shareholder equity of CN¥1.2B and total debt of CN¥1.0B, which brings its debt-to-equity ratio to 83%. Its total assets and total liabilities are CN¥2.8B and CN¥1.5B respectively. Shanghai Ailu Package's EBIT is CN¥110.9M making its interest coverage ratio 4.8. It has cash and short-term investments of CN¥227.9M.
Key information
83.0%
Debt to equity ratio
CN¥1.03b
Debt
| Interest coverage ratio | 4.8x |
| Cash | CN¥227.94m |
| Equity | CN¥1.24b |
| Total liabilities | CN¥1.55b |
| Total assets | CN¥2.79b |
Recent financial health updates
Recent updates
Additional Considerations Required While Assessing Shanghai Ailu Package's (SZSE:301062) Strong Earnings
Nov 06
Does Shanghai Ailu Package (SZSE:301062) Have A Healthy Balance Sheet?
Oct 26Shanghai Ailu Package Co., Ltd.'s (SZSE:301062) 40% Jump Shows Its Popularity With Investors
Oct 07Why Shanghai Ailu Package Co., Ltd. (SZSE:301062) Could Be Worth Watching
Oct 01Shanghai Ailu Package (SZSE:301062) Will Be Hoping To Turn Its Returns On Capital Around
Jul 31Shanghai Ailu Package (SZSE:301062) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Apr 30Shanghai Ailu Package Co., Ltd.'s (SZSE:301062) 27% Jump Shows Its Popularity With Investors
Mar 22Financial Position Analysis
Short Term Liabilities: 301062's short term assets (CN¥1.0B) exceed its short term liabilities (CN¥583.7M).
Long Term Liabilities: 301062's short term assets (CN¥1.0B) exceed its long term liabilities (CN¥964.4M).
Debt to Equity History and Analysis
Debt Level: 301062's net debt to equity ratio (64.7%) is considered high.
Reducing Debt: 301062's debt to equity ratio has increased from 37.7% to 83% over the past 5 years.
Debt Coverage: 301062's debt is well covered by operating cash flow (24.8%).
Interest Coverage: 301062's interest payments on its debt are well covered by EBIT (4.8x coverage).