Shanghai Lujiazui Finance & Trade Zone DevelopmentLtd Balance Sheet Health
Financial Health criteria checks 4/6
Shanghai Lujiazui Finance & Trade Zone DevelopmentLtd has a total shareholder equity of CN¥48.1B and total debt of CN¥68.1B, which brings its debt-to-equity ratio to 141.4%. Its total assets and total liabilities are CN¥157.7B and CN¥109.6B respectively. Shanghai Lujiazui Finance & Trade Zone DevelopmentLtd's EBIT is CN¥3.8B making its interest coverage ratio 3.1. It has cash and short-term investments of CN¥12.1B.
Key information
141.4%
Debt to equity ratio
CN¥68.06b
Debt
| Interest coverage ratio | 3.1x |
| Cash | CN¥12.09b |
| Equity | CN¥48.12b |
| Total liabilities | CN¥109.56b |
| Total assets | CN¥157.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600663's short term assets (CN¥81.2B) exceed its short term liabilities (CN¥77.5B).
Long Term Liabilities: 600663's short term assets (CN¥81.2B) exceed its long term liabilities (CN¥32.1B).
Debt to Equity History and Analysis
Debt Level: 600663's net debt to equity ratio (116.3%) is considered high.
Reducing Debt: 600663's debt to equity ratio has reduced from 143% to 141.4% over the past 5 years.
Debt Coverage: 600663's debt is not well covered by operating cash flow (13.2%).
Interest Coverage: 600663's interest payments on its debt are well covered by EBIT (3.1x coverage).