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¥3.3B, which brings its debt-to-equity ratio to 60.9%. Its total assets and total liabilities are CN¥10.5B and CN¥5.1B respectively.
Key information
60.9%
Debt to equity ratio
CN¥3.30b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥2.16b |
| Equity | CN¥5.41b |
| Total liabilities | CN¥5.12b |
| Total assets | CN¥10.53b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300057's short term assets (CN¥5.6B) exceed its short term liabilities (CN¥4.1B).
Long Term Liabilities: 300057's short term assets (CN¥5.6B) exceed its long term liabilities (CN¥1.0B).
Debt to Equity History and Analysis
Debt Level: 300057's net debt to equity ratio (21%) is considered satisfactory.
Reducing Debt: 300057's debt to equity ratio has increased from 44.6% to 60.9% over the past 5 years.
Debt Coverage: 300057's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 300057's interest payments on its debt are well covered by EBIT.