Changjiang Publishing & MediaLtd Balance Sheet Health
Financial Health criteria checks 5/6
Changjiang Publishing & MediaLtd has a total shareholder equity of CN¥9.2B and total debt of CN¥307.6M, which brings its debt-to-equity ratio to 3.4%. Its total assets and total liabilities are CN¥13.1B and CN¥3.9B respectively. Changjiang Publishing & MediaLtd's EBIT is CN¥723.9M making its interest coverage ratio -3.1. It has cash and short-term investments of CN¥3.6B.
Key information
3.4%
Debt to equity ratio
CN¥307.58m
Debt
| Interest coverage ratio | -3.1x |
| Cash | CN¥3.57b |
| Equity | CN¥9.16b |
| Total liabilities | CN¥3.94b |
| Total assets | CN¥13.10b |
Recent financial health updates
Recent updates
Estimating The Fair Value Of Changjiang Publishing & Media Co.,Ltd (SHSE:600757)
Jul 23
Changjiang Publishing & MediaLtd's (SHSE:600757) Dividend Will Be Increased To CN¥0.40
Jun 16Investors Met With Slowing Returns on Capital At Changjiang Publishing & MediaLtd (SHSE:600757)
May 22Changjiang Publishing & MediaLtd's (SHSE:600757) Promising Earnings May Rest On Soft Foundations
Apr 22Changjiang Publishing & Media Co.,Ltd's (SHSE:600757) Shares Bounce 26% But Its Business Still Trails The Market
Mar 06Is Changjiang Publishing & MediaLtd (SHSE:600757) A Risky Investment?
Mar 05Financial Position Analysis
Short Term Liabilities: 600757's short term assets (CN¥6.2B) exceed its short term liabilities (CN¥3.8B).
Long Term Liabilities: 600757's short term assets (CN¥6.2B) exceed its long term liabilities (CN¥159.0M).
Debt to Equity History and Analysis
Debt Level: 600757 has more cash than its total debt.
Reducing Debt: 600757's debt to equity ratio has increased from 1% to 3.4% over the past 5 years.
Debt Coverage: 600757's debt is well covered by operating cash flow (189.7%).
Interest Coverage: 600757 earns more interest than it pays, so coverage of interest payments is not a concern.