Shantou Wanshun New Material Group Balance Sheet Health
Financial Health criteria checks 3/6
Shantou Wanshun New Material Group has a total shareholder equity of CN¥5.4B and total debt of CN¥3.1B, which brings its debt-to-equity ratio to 57%. Its total assets and total liabilities are CN¥10.2B and CN¥4.7B respectively.
Key information
57.0%
Debt to equity ratio
CN¥3.10b
Debt
Interest coverage ratio | n/a |
Cash | CN¥2.23b |
Equity | CN¥5.43b |
Total liabilities | CN¥4.73b |
Total assets | CN¥10.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300057's short term assets (CN¥5.4B) exceed its short term liabilities (CN¥3.8B).
Long Term Liabilities: 300057's short term assets (CN¥5.4B) exceed its long term liabilities (CN¥970.3M).
Debt to Equity History and Analysis
Debt Level: 300057's net debt to equity ratio (16%) is considered satisfactory.
Reducing Debt: 300057's debt to equity ratio has increased from 44.7% to 57% over the past 5 years.
Debt Coverage: 300057's debt is not well covered by operating cash flow (3.9%).
Interest Coverage: Insufficient data to determine if 300057's interest payments on its debt are well covered by EBIT.