ShenZhen Properties & Resources Development (Group) Balance Sheet Health
Financial Health criteria checks 3/6
ShenZhen Properties & Resources Development (Group) has a total shareholder equity of CN¥4.7B and total debt of CN¥5.0B, which brings its debt-to-equity ratio to 106.7%. Its total assets and total liabilities are CN¥16.9B and CN¥12.2B respectively. ShenZhen Properties & Resources Development (Group)'s EBIT is CN¥15.6M making its interest coverage ratio -0. It has cash and short-term investments of CN¥2.3B.
Key information
106.7%
Debt to equity ratio
CN¥5.02b
Debt
| Interest coverage ratio | -0.02x |
| Cash | CN¥2.35b |
| Equity | CN¥4.70b |
| Total liabilities | CN¥12.19b |
| Total assets | CN¥16.89b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000011's short term assets (CN¥15.0B) exceed its short term liabilities (CN¥9.9B).
Long Term Liabilities: 000011's short term assets (CN¥15.0B) exceed its long term liabilities (CN¥2.3B).
Debt to Equity History and Analysis
Debt Level: 000011's net debt to equity ratio (56.8%) is considered high.
Reducing Debt: 000011's debt to equity ratio has increased from 61% to 106.7% over the past 5 years.
Debt Coverage: 000011's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 000011 earns more interest than it pays, so coverage of interest payments is not a concern.