Guanghui LogisticsLtd Balance Sheet Health
Financial Health criteria checks 1/6
Guanghui LogisticsLtd has a total shareholder equity of CN¥7.6B and total debt of CN¥7.6B, which brings its debt-to-equity ratio to 99.5%. Its total assets and total liabilities are CN¥22.5B and CN¥14.9B respectively. Guanghui LogisticsLtd's EBIT is CN¥836.5M making its interest coverage ratio 1.7. It has cash and short-term investments of CN¥232.3M.
Key information
99.5%
Debt to equity ratio
CN¥7.56b
Debt
| Interest coverage ratio | 1.7x |
| Cash | CN¥232.28m |
| Equity | CN¥7.60b |
| Total liabilities | CN¥14.87b |
| Total assets | CN¥22.46b |
Recent financial health updates
Recent updates
Guanghui Logistics Co.Ltd's (SHSE:600603) 48% Price Boost Is Out Of Tune With Earnings
Nov 20
Benign Growth For Guanghui Logistics Co.Ltd (SHSE:600603) Underpins Its Share Price
Sep 25Is Guanghui LogisticsLtd (SHSE:600603) Using Too Much Debt?
Aug 15Investors Give Guanghui Logistics Co.Ltd (SHSE:600603) Shares A 26% Hiding
Jun 06Weak Statutory Earnings May Not Tell The Whole Story For Guanghui LogisticsLtd (SHSE:600603)
May 08It's A Story Of Risk Vs Reward With Guanghui Logistics Co.Ltd (SHSE:600603)
Feb 28Financial Position Analysis
Short Term Liabilities: 600603's short term assets (CN¥4.6B) do not cover its short term liabilities (CN¥9.7B).
Long Term Liabilities: 600603's short term assets (CN¥4.6B) do not cover its long term liabilities (CN¥5.1B).
Debt to Equity History and Analysis
Debt Level: 600603's net debt to equity ratio (96.4%) is considered high.
Reducing Debt: 600603's debt to equity ratio has increased from 31.3% to 99.5% over the past 5 years.
Debt Coverage: 600603's debt is well covered by operating cash flow (20.2%).
Interest Coverage: 600603's interest payments on its debt are not well covered by EBIT (1.7x coverage).