Yantai Dongcheng Pharmaceutical GroupLtd Balance Sheet Health
Financial Health criteria checks 6/6
Yantai Dongcheng Pharmaceutical GroupLtd has a total shareholder equity of CN¥5.9B and total debt of CN¥933.0M, which brings its debt-to-equity ratio to 15.9%. Its total assets and total liabilities are CN¥8.5B and CN¥2.7B respectively. Yantai Dongcheng Pharmaceutical GroupLtd's EBIT is CN¥307.5M making its interest coverage ratio 10.1. It has cash and short-term investments of CN¥842.4M.
Key information
15.9%
Debt to equity ratio
CN¥932.96m
Debt
Interest coverage ratio | 10.1x |
Cash | CN¥842.35m |
Equity | CN¥5.85b |
Total liabilities | CN¥2.68b |
Total assets | CN¥8.53b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002675's short term assets (CN¥2.7B) exceed its short term liabilities (CN¥1.9B).
Long Term Liabilities: 002675's short term assets (CN¥2.7B) exceed its long term liabilities (CN¥784.3M).
Debt to Equity History and Analysis
Debt Level: 002675's net debt to equity ratio (1.5%) is considered satisfactory.
Reducing Debt: 002675's debt to equity ratio has reduced from 22.9% to 15.9% over the past 5 years.
Debt Coverage: 002675's debt is well covered by operating cash flow (21.9%).
Interest Coverage: 002675's interest payments on its debt are well covered by EBIT (10.1x coverage).