Shanghai Wanye EnterprisesLtd Balance Sheet Health
Financial Health criteria checks 3/6
Shanghai Wanye EnterprisesLtd has a total shareholder equity of CN¥8.9B and total debt of CN¥406.2M, which brings its debt-to-equity ratio to 4.6%. Its total assets and total liabilities are CN¥10.4B and CN¥1.5B respectively.
Key information
4.6%
Debt to equity ratio
CN¥406.16m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥3.64b |
| Equity | CN¥8.87b |
| Total liabilities | CN¥1.51b |
| Total assets | CN¥10.38b |
Financial Position Analysis
Short Term Liabilities: 600641's short term assets (CN¥5.1B) exceed its short term liabilities (CN¥743.1M).
Long Term Liabilities: 600641's short term assets (CN¥5.1B) exceed its long term liabilities (CN¥770.8M).
Debt to Equity History and Analysis
Debt Level: 600641 has more cash than its total debt.
Reducing Debt: 600641's debt to equity ratio has increased from 0.4% to 4.6% over the past 5 years.
Debt Coverage: 600641's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 600641's interest payments on its debt are well covered by EBIT.