ShenZhen Properties & Resources Development (Group) Balance Sheet Health
Financial Health criteria checks 2/6
ShenZhen Properties & Resources Development (Group) has a total shareholder equity of CN¥4.5B and total debt of CN¥5.3B, which brings its debt-to-equity ratio to 116.8%. Its total assets and total liabilities are CN¥16.1B and CN¥11.6B respectively.
Key information
116.8%
Debt to equity ratio
CN¥5.27b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.17b |
| Equity | CN¥4.51b |
| Total liabilities | CN¥11.61b |
| Total assets | CN¥16.12b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 200011's short term assets (CN¥14.3B) exceed its short term liabilities (CN¥9.4B).
Long Term Liabilities: 200011's short term assets (CN¥14.3B) exceed its long term liabilities (CN¥2.2B).
Debt to Equity History and Analysis
Debt Level: 200011's net debt to equity ratio (90.8%) is considered high.
Reducing Debt: 200011's debt to equity ratio has increased from 64.7% to 116.8% over the past 5 years.
Debt Coverage: 200011's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 200011's interest payments on its debt are well covered by EBIT.