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¥205.7M, which brings its debt-to-equity ratio to 12.2%. Its total assets and total liabilities are CN¥2.1B and CN¥431.3M respectively.
Key information
12.2%
Debt to equity ratio
CN¥205.68m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥198.96m |
| Equity | CN¥1.69b |
| Total liabilities | CN¥431.28m |
| Total assets | CN¥2.12b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603168's short term assets (CN¥401.0M) exceed its short term liabilities (CN¥305.6M).
Long Term Liabilities: 603168's short term assets (CN¥401.0M) exceed its long term liabilities (CN¥125.7M).
Debt to Equity History and Analysis
Debt Level: 603168's net debt to equity ratio (0.4%) is considered satisfactory.
Reducing Debt: 603168's debt to equity ratio has increased from 0% to 12.2% over the past 5 years.
Debt Coverage: 603168's debt is well covered by operating cash flow (28.4%).
Interest Coverage: Insufficient data to determine if 603168's interest payments on its debt are well covered by EBIT.