Shandong Head Group Co.,Ltd.

XSEC:002810 Stock Report

Market Cap: CN¥5.1b

Shandong Head GroupLtd Balance Sheet Health

Financial Health criteria checks 5/6

Shandong Head GroupLtd has a total shareholder equity of CN¥2.2B and total debt of CN¥796.8M, which brings its debt-to-equity ratio to 35.8%. Its total assets and total liabilities are CN¥3.9B and CN¥1.7B respectively. Shandong Head GroupLtd's EBIT is CN¥217.3M making its interest coverage ratio -103.5. It has cash and short-term investments of CN¥356.3M.

Key information

35.8%

Debt to equity ratio

CN¥796.80m

Debt

Interest coverage ratio-103.5x
CashCN¥356.34m
EquityCN¥2.23b
Total liabilitiesCN¥1.71b
Total assetsCN¥3.94b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 002810's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥1.0B).

Long Term Liabilities: 002810's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥684.4M).


Debt to Equity History and Analysis

Debt Level: 002810's net debt to equity ratio (19.8%) is considered satisfactory.

Reducing Debt: 002810's debt to equity ratio has increased from 31% to 35.8% over the past 5 years.

Debt Coverage: 002810's debt is well covered by operating cash flow (37.3%).

Interest Coverage: 002810 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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