Shenma IndustryLtd Balance Sheet Health
Financial Health criteria checks 3/6
Shenma IndustryLtd has a total shareholder equity of CN¥11.7B and total debt of CN¥14.8B, which brings its debt-to-equity ratio to 125.8%. Its total assets and total liabilities are CN¥29.7B and CN¥18.0B respectively. Shenma IndustryLtd's EBIT is CN¥376.2M making its interest coverage ratio 1.5. It has cash and short-term investments of CN¥7.4B.
Key information
125.8%
Debt to equity ratio
CN¥14.77b
Debt
| Interest coverage ratio | 1.5x |
| Cash | CN¥7.43b |
| Equity | CN¥11.74b |
| Total liabilities | CN¥17.99b |
| Total assets | CN¥29.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600810's short term assets (CN¥13.3B) exceed its short term liabilities (CN¥5.8B).
Long Term Liabilities: 600810's short term assets (CN¥13.3B) exceed its long term liabilities (CN¥12.2B).
Debt to Equity History and Analysis
Debt Level: 600810's net debt to equity ratio (62.5%) is considered high.
Reducing Debt: 600810's debt to equity ratio has reduced from 129.8% to 125.8% over the past 5 years.
Debt Coverage: 600810's debt is not well covered by operating cash flow (6.2%).
Interest Coverage: 600810's interest payments on its debt are not well covered by EBIT (1.5x coverage).