Ginwa Enterprise (Group) Balance Sheet Health
Financial Health criteria checks 4/6
Ginwa Enterprise (Group) has a total shareholder equity of CN¥1.5B and total debt of CN¥42.6M, which brings its debt-to-equity ratio to 2.8%. Its total assets and total liabilities are CN¥1.9B and CN¥340.1M respectively.
Key information
2.8%
Debt to equity ratio
CN¥42.62m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥354.72m |
| Equity | CN¥1.52b |
| Total liabilities | CN¥340.08m |
| Total assets | CN¥1.86b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600080's short term assets (CN¥733.0M) exceed its short term liabilities (CN¥321.6M).
Long Term Liabilities: 600080's short term assets (CN¥733.0M) exceed its long term liabilities (CN¥18.5M).
Debt to Equity History and Analysis
Debt Level: 600080 has more cash than its total debt.
Reducing Debt: 600080's debt to equity ratio has increased from 2.8% to 2.8% over the past 5 years.
Debt Coverage: 600080's debt is well covered by operating cash flow (168.3%).
Interest Coverage: Insufficient data to determine if 600080's interest payments on its debt are well covered by EBIT.