Zhejiang Shapuaisi PharmaceuticalLtd Balance Sheet Health
Financial Health criteria checks 4/6
Zhejiang Shapuaisi PharmaceuticalLtd has a total shareholder equity of CN¥1.7B and total debt of CN¥171.9M, which brings its debt-to-equity ratio to 9.9%. Its total assets and total liabilities are CN¥2.2B and CN¥423.3M respectively.
Key information
9.9%
Debt to equity ratio
CN¥171.87m
Debt
Interest coverage ratio | n/a |
Cash | CN¥200.78m |
Equity | CN¥1.74b |
Total liabilities | CN¥423.29m |
Total assets | CN¥2.16b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603168's short term assets (CN¥372.2M) exceed its short term liabilities (CN¥352.8M).
Long Term Liabilities: 603168's short term assets (CN¥372.2M) exceed its long term liabilities (CN¥70.5M).
Debt to Equity History and Analysis
Debt Level: 603168 has more cash than its total debt.
Reducing Debt: 603168's debt to equity ratio has increased from 0% to 9.9% over the past 5 years.
Debt Coverage: 603168's debt is well covered by operating cash flow (31.3%).
Interest Coverage: Insufficient data to determine if 603168's interest payments on its debt are well covered by EBIT.