Nanjing Central Emporium (Group) Stocks Balance Sheet Health
Financial Health criteria checks 1/6
Nanjing Central Emporium (Group) Stocks has a total shareholder equity of CN¥834.2M and total debt of CN¥5.9B, which brings its debt-to-equity ratio to 708.9%. Its total assets and total liabilities are CN¥11.3B and CN¥10.5B respectively. Nanjing Central Emporium (Group) Stocks's EBIT is CN¥210.9M making its interest coverage ratio 0.8. It has cash and short-term investments of CN¥387.8M.
Key information
708.9%
Debt to equity ratio
CN¥5.91b
Debt
Interest coverage ratio | 0.8x |
Cash | CN¥387.77m |
Equity | CN¥834.17m |
Total liabilities | CN¥10.48b |
Total assets | CN¥11.32b |
Recent financial health updates
Recent updates
Is Nanjing Central Emporium (Group) Stocks (SHSE:600280) A Risky Investment?
Oct 04Nanjing Central Emporium (Group) Stocks Co., Ltd.'s (SHSE:600280) 31% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio
Sep 08Nanjing Central Emporium (Group) Stocks Co., Ltd.'s (SHSE:600280) Shareholders Might Be Looking For Exit
Jul 03Estimating The Intrinsic Value Of Nanjing Central Emporium (Group) Stocks Co., Ltd. (SHSE:600280)
Jun 05Optimistic Investors Push Nanjing Central Emporium (Group) Stocks Co., Ltd. (SHSE:600280) Shares Up 27% But Growth Is Lacking
Mar 11Financial Position Analysis
Short Term Liabilities: 600280's short term assets (CN¥6.2B) do not cover its short term liabilities (CN¥9.0B).
Long Term Liabilities: 600280's short term assets (CN¥6.2B) exceed its long term liabilities (CN¥1.5B).
Debt to Equity History and Analysis
Debt Level: 600280's net debt to equity ratio (662.4%) is considered high.
Reducing Debt: 600280's debt to equity ratio has increased from 568.4% to 708.9% over the past 5 years.
Debt Coverage: 600280's debt is not well covered by operating cash flow (5.1%).
Interest Coverage: 600280's interest payments on its debt are not well covered by EBIT (0.8x coverage).