Sanxiang Impression Balance Sheet Health
Financial Health criteria checks 5/6
Sanxiang Impression has a total shareholder equity of CN¥4.1B and total debt of CN¥387.5M, which brings its debt-to-equity ratio to 9.4%. Its total assets and total liabilities are CN¥6.2B and CN¥2.1B respectively. Sanxiang Impression's EBIT is CN¥81.1M making its interest coverage ratio 5.3. It has cash and short-term investments of CN¥237.6M.
Key information
9.4%
Debt to equity ratio
CN¥387.51m
Debt
| Interest coverage ratio | 5.3x |
| Cash | CN¥237.58m |
| Equity | CN¥4.13b |
| Total liabilities | CN¥2.10b |
| Total assets | CN¥6.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000863's short term assets (CN¥4.8B) exceed its short term liabilities (CN¥1.8B).
Long Term Liabilities: 000863's short term assets (CN¥4.8B) exceed its long term liabilities (CN¥333.2M).
Debt to Equity History and Analysis
Debt Level: 000863's net debt to equity ratio (3.6%) is considered satisfactory.
Reducing Debt: 000863's debt to equity ratio has reduced from 67.1% to 9.4% over the past 5 years.
Debt Coverage: 000863's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 000863's interest payments on its debt are well covered by EBIT (5.3x coverage).