Shanghai Zijiang Enterprise Group Balance Sheet Health
Financial Health criteria checks 6/6
Shanghai Zijiang Enterprise Group has a total shareholder equity of CN¥6.3B and total debt of CN¥3.6B, which brings its debt-to-equity ratio to 56.4%. Its total assets and total liabilities are CN¥14.5B and CN¥8.2B respectively. Shanghai Zijiang Enterprise Group's EBIT is CN¥851.7M making its interest coverage ratio 45.5. It has cash and short-term investments of CN¥2.3B.
Key information
56.4%
Debt to equity ratio
CN¥3.57b
Debt
| Interest coverage ratio | 45.5x |
| Cash | CN¥2.33b |
| Equity | CN¥6.34b |
| Total liabilities | CN¥8.20b |
| Total assets | CN¥14.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600210's short term assets (CN¥7.9B) exceed its short term liabilities (CN¥6.7B).
Long Term Liabilities: 600210's short term assets (CN¥7.9B) exceed its long term liabilities (CN¥1.5B).
Debt to Equity History and Analysis
Debt Level: 600210's net debt to equity ratio (19.6%) is considered satisfactory.
Reducing Debt: 600210's debt to equity ratio has reduced from 79% to 56.4% over the past 5 years.
Debt Coverage: 600210's debt is well covered by operating cash flow (77.1%).
Interest Coverage: 600210's interest payments on its debt are well covered by EBIT (45.5x coverage).