China Wuyi Balance Sheet Health
Financial Health criteria checks 3/6
China Wuyi has a total shareholder equity of CN¥5.9B and total debt of CN¥8.6B, which brings its debt-to-equity ratio to 145.9%. Its total assets and total liabilities are CN¥23.7B and CN¥17.8B respectively. China Wuyi's EBIT is CN¥1.3B making its interest coverage ratio 10.8. It has cash and short-term investments of CN¥2.8B.
Key information
145.9%
Debt to equity ratio
CN¥8.62b
Debt
Interest coverage ratio | 10.8x |
Cash | CN¥2.81b |
Equity | CN¥5.91b |
Total liabilities | CN¥17.82b |
Total assets | CN¥23.73b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000797's short term assets (CN¥22.0B) exceed its short term liabilities (CN¥12.9B).
Long Term Liabilities: 000797's short term assets (CN¥22.0B) exceed its long term liabilities (CN¥4.9B).
Debt to Equity History and Analysis
Debt Level: 000797's net debt to equity ratio (98.4%) is considered high.
Reducing Debt: 000797's debt to equity ratio has increased from 99.8% to 145.9% over the past 5 years.
Debt Coverage: 000797's debt is not well covered by operating cash flow (16.7%).
Interest Coverage: 000797's interest payments on its debt are well covered by EBIT (10.8x coverage).