Hanshang Group Balance Sheet Health
Financial Health criteria checks 4/6
Hanshang Group has a total shareholder equity of CN¥1.8B and total debt of CN¥765.2M, which brings its debt-to-equity ratio to 41.6%. Its total assets and total liabilities are CN¥3.6B and CN¥1.8B respectively. Hanshang Group's EBIT is CN¥90.9M making its interest coverage ratio 2.1. It has cash and short-term investments of CN¥83.5M.
Key information
41.6%
Debt to equity ratio
CN¥765.15m
Debt
Interest coverage ratio | 2.1x |
Cash | CN¥83.46m |
Equity | CN¥1.84b |
Total liabilities | CN¥1.78b |
Total assets | CN¥3.62b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600774's short term assets (CN¥660.4M) do not cover its short term liabilities (CN¥1.3B).
Long Term Liabilities: 600774's short term assets (CN¥660.4M) exceed its long term liabilities (CN¥443.1M).
Debt to Equity History and Analysis
Debt Level: 600774's net debt to equity ratio (37.1%) is considered satisfactory.
Reducing Debt: 600774's debt to equity ratio has reduced from 61% to 41.6% over the past 5 years.
Debt Coverage: 600774's debt is well covered by operating cash flow (32.1%).
Interest Coverage: 600774's interest payments on its debt are not well covered by EBIT (2.1x coverage).