Shenyang Xingqi PharmaceuticalLtd Balance Sheet Health
Financial Health criteria checks 6/6
Shenyang Xingqi PharmaceuticalLtd has a total shareholder equity of CN¥1.6B and total debt of CN¥230.2M, which brings its debt-to-equity ratio to 14.1%. Its total assets and total liabilities are CN¥2.2B and CN¥558.0M respectively. Shenyang Xingqi PharmaceuticalLtd's EBIT is CN¥389.8M making its interest coverage ratio -190.1. It has cash and short-term investments of CN¥503.3M.
Key information
14.1%
Debt to equity ratio
CN¥230.18m
Debt
| Interest coverage ratio | -190.1x |
| Cash | CN¥503.31m |
| Equity | CN¥1.63b |
| Total liabilities | CN¥558.01m |
| Total assets | CN¥2.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300573's short term assets (CN¥947.7M) exceed its short term liabilities (CN¥483.3M).
Long Term Liabilities: 300573's short term assets (CN¥947.7M) exceed its long term liabilities (CN¥74.8M).
Debt to Equity History and Analysis
Debt Level: 300573 has more cash than its total debt.
Reducing Debt: 300573's debt to equity ratio has reduced from 15.9% to 14.1% over the past 5 years.
Debt Coverage: 300573's debt is well covered by operating cash flow (194.3%).
Interest Coverage: 300573 earns more interest than it pays, so coverage of interest payments is not a concern.