Shenzhen Worldunion Group Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen Worldunion Group has a total shareholder equity of CN¥3.0B and total debt of CN¥21.0M, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are CN¥4.7B and CN¥1.7B respectively.
Key information
0.7%
Debt to equity ratio
CN¥21.00m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.03b |
| Equity | CN¥3.04b |
| Total liabilities | CN¥1.68b |
| Total assets | CN¥4.71b |
Recent financial health updates
Recent updates
Shenzhen Worldunion Group Incorporated's (SZSE:002285) 58% Price Boost Is Out Of Tune With Revenues
Nov 11
Shenzhen Worldunion Group Incorporated's (SZSE:002285) 30% Share Price Surge Not Quite Adding Up
Sep 26Revenues Not Telling The Story For Shenzhen Worldunion Group Incorporated (SZSE:002285) After Shares Rise 28%
Aug 08There's Reason For Concern Over Shenzhen Worldunion Group Incorporated's (SZSE:002285) Massive 54% Price Jump
May 21Is Shenzhen Worldunion Group (SZSE:002285) Using Debt In A Risky Way?
Mar 05Financial Position Analysis
Short Term Liabilities: 002285's short term assets (CN¥2.7B) exceed its short term liabilities (CN¥1.6B).
Long Term Liabilities: 002285's short term assets (CN¥2.7B) exceed its long term liabilities (CN¥49.3M).
Debt to Equity History and Analysis
Debt Level: 002285 has more cash than its total debt.
Reducing Debt: 002285's debt to equity ratio has reduced from 66.9% to 0.7% over the past 5 years.
Debt Coverage: 002285's debt is well covered by operating cash flow (209.5%).
Interest Coverage: Insufficient data to determine if 002285's interest payments on its debt are well covered by EBIT.