Shenzhen New Nanshan Holding (Group) Balance Sheet Health
Financial Health criteria checks 3/6
Shenzhen New Nanshan Holding (Group) has a total shareholder equity of CN¥17.6B and total debt of CN¥33.9B, which brings its debt-to-equity ratio to 192%. Its total assets and total liabilities are CN¥71.8B and CN¥54.1B respectively. Shenzhen New Nanshan Holding (Group)'s EBIT is CN¥102.7M making its interest coverage ratio -0.8. It has cash and short-term investments of CN¥6.5B.
Key information
192.0%
Debt to equity ratio
CN¥33.88b
Debt
| Interest coverage ratio | -0.8x |
| Cash | CN¥6.48b |
| Equity | CN¥17.65b |
| Total liabilities | CN¥54.12b |
| Total assets | CN¥71.77b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 002314's short term assets (CN¥36.9B) exceed its short term liabilities (CN¥28.8B).
Long Term Liabilities: 002314's short term assets (CN¥36.9B) exceed its long term liabilities (CN¥25.3B).
Debt to Equity History and Analysis
Debt Level: 002314's net debt to equity ratio (155.3%) is considered high.
Reducing Debt: 002314's debt to equity ratio has increased from 113.7% to 192% over the past 5 years.
Debt Coverage: 002314's debt is not well covered by operating cash flow (9.9%).
Interest Coverage: 002314 earns more interest than it pays, so coverage of interest payments is not a concern.