Shanghai Ailu Package Balance Sheet Health
Financial Health criteria checks 3/6
Shanghai Ailu Package has a total shareholder equity of CN¥1.2B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 85.6%. Its total assets and total liabilities are CN¥2.8B and CN¥1.6B respectively. Shanghai Ailu Package's EBIT is CN¥110.6M making its interest coverage ratio 5.3. It has cash and short-term investments of CN¥321.0M.
Key information
85.6%
Debt to equity ratio
CN¥1.06b
Debt
| Interest coverage ratio | 5.3x |
| Cash | CN¥320.96m |
| Equity | CN¥1.23b |
| Total liabilities | CN¥1.57b |
| Total assets | CN¥2.80b |
Recent financial health updates
No updates
Recent updates
Why Shanghai Ailu Package Co., Ltd. (SZSE:301062) Could Be Worth Watching
Oct 01
Shanghai 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¥1.1B) exceed its short term liabilities (CN¥622.3M).
Long Term Liabilities: 301062's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥947.4M).
Debt to Equity History and Analysis
Debt Level: 301062's net debt to equity ratio (59.6%) is considered high.
Reducing Debt: 301062's debt to equity ratio has increased from 26.4% to 85.6% over the past 5 years.
Debt Coverage: 301062's debt is not well covered by operating cash flow (17.6%).
Interest Coverage: 301062's interest payments on its debt are well covered by EBIT (5.3x coverage).