Zhejiang Sunriver Culture Tourism Co.,Ltd.

SHSE:600576 Stock Report

Market Cap: CN¥3.9b

Zhejiang Sunriver Culture TourismLtd Balance Sheet Health

Financial Health criteria checks 5/6

Zhejiang Sunriver Culture TourismLtd has a total shareholder equity of CN¥2.8B and total debt of CN¥377.4M, which brings its debt-to-equity ratio to 13.3%. Its total assets and total liabilities are CN¥3.7B and CN¥879.0M respectively. Zhejiang Sunriver Culture TourismLtd's EBIT is CN¥172.3M making its interest coverage ratio 21.2. It has cash and short-term investments of CN¥430.0M.

Key information

13.3%

Debt to equity ratio

CN¥377.43m

Debt

Interest coverage ratio21.2x
CashCN¥430.02m
EquityCN¥2.83b
Total liabilitiesCN¥878.99m
Total assetsCN¥3.71b

Recent financial health updates

Recent updates

Potential Upside For Zhejiang Sunriver Culture Tourism Co.,Ltd. (SHSE:600576) Not Without Risk

Jul 24
Potential Upside For Zhejiang Sunriver Culture Tourism Co.,Ltd. (SHSE:600576) Not Without Risk

Is Zhejiang Sunriver Culture TourismLtd (SHSE:600576) A Risky Investment?

May 27
Is Zhejiang Sunriver Culture TourismLtd (SHSE:600576) A Risky Investment?

We Think That There Are Issues Underlying Zhejiang Sunriver CultureLtd's (SHSE:600576) Earnings

Apr 05
We Think That There Are Issues Underlying Zhejiang Sunriver CultureLtd's (SHSE:600576) Earnings

Is Now The Time To Put Zhejiang Sunriver CultureLtd (SHSE:600576) On Your Watchlist?

Mar 22
Is Now The Time To Put Zhejiang Sunriver CultureLtd (SHSE:600576) On Your Watchlist?

Financial Position Analysis

Short Term Liabilities: 600576's short term assets (CN¥700.7M) exceed its short term liabilities (CN¥335.3M).

Long Term Liabilities: 600576's short term assets (CN¥700.7M) exceed its long term liabilities (CN¥543.7M).


Debt to Equity History and Analysis

Debt Level: 600576 has more cash than its total debt.

Reducing Debt: 600576's debt to equity ratio has increased from 3% to 13.3% over the past 5 years.

Debt Coverage: 600576's debt is well covered by operating cash flow (58.3%).

Interest Coverage: 600576's interest payments on its debt are well covered by EBIT (21.2x coverage).


Balance Sheet


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