Xinfengming Group Balance Sheet Health
Financial Health criteria checks 2/6
Xinfengming Group has a total shareholder equity of CN¥17.0B and total debt of CN¥30.8B, which brings its debt-to-equity ratio to 181.2%. Its total assets and total liabilities are CN¥55.2B and CN¥38.2B respectively. Xinfengming Group's EBIT is CN¥1.6B making its interest coverage ratio 3.6. It has cash and short-term investments of CN¥12.6B.
Key information
181.2%
Debt to equity ratio
CN¥30.80b
Debt
| Interest coverage ratio | 3.6x |
| Cash | CN¥12.63b |
| Equity | CN¥17.00b |
| Total liabilities | CN¥38.21b |
| Total assets | CN¥55.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603225's short term assets (CN¥22.0B) do not cover its short term liabilities (CN¥27.6B).
Long Term Liabilities: 603225's short term assets (CN¥22.0B) exceed its long term liabilities (CN¥10.6B).
Debt to Equity History and Analysis
Debt Level: 603225's net debt to equity ratio (106.9%) is considered high.
Reducing Debt: 603225's debt to equity ratio has increased from 92.4% to 181.2% over the past 5 years.
Debt Coverage: 603225's debt is not well covered by operating cash flow (7.7%).
Interest Coverage: 603225's interest payments on its debt are well covered by EBIT (3.6x coverage).