Shanghai Zijiang Enterprise Group Balance Sheet Health
Financial Health criteria checks 6/6
Shanghai Zijiang Enterprise Group has a total shareholder equity of CN¥6.2B and total debt of CN¥3.8B, which brings its debt-to-equity ratio to 61.1%. Its total assets and total liabilities are CN¥14.9B and CN¥8.7B respectively. Shanghai Zijiang Enterprise Group's EBIT is CN¥815.0M making its interest coverage ratio 44.5. It has cash and short-term investments of CN¥2.8B.
Key information
61.1%
Debt to equity ratio
CN¥3.81b
Debt
| Interest coverage ratio | 44.5x |
| Cash | CN¥2.77b |
| Equity | CN¥6.23b |
| Total liabilities | CN¥8.67b |
| Total assets | CN¥14.90b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600210's short term assets (CN¥8.4B) exceed its short term liabilities (CN¥7.0B).
Long Term Liabilities: 600210's short term assets (CN¥8.4B) exceed its long term liabilities (CN¥1.7B).
Debt to Equity History and Analysis
Debt Level: 600210's net debt to equity ratio (16.6%) is considered satisfactory.
Reducing Debt: 600210's debt to equity ratio has reduced from 80% to 61.1% over the past 5 years.
Debt Coverage: 600210's debt is well covered by operating cash flow (67%).
Interest Coverage: 600210's interest payments on its debt are well covered by EBIT (44.5x coverage).