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¥867.0M and total debt of CN¥5.9B, which brings its debt-to-equity ratio to 675.6%. Its total assets and total liabilities are CN¥11.7B and CN¥10.8B respectively. Nanjing Central Emporium (Group) Stocks's EBIT is CN¥294.5M making its interest coverage ratio 1.1. It has cash and short-term investments of CN¥379.6M.
Key information
675.6%
Debt to equity ratio
CN¥5.86b
Debt
Interest coverage ratio | 1.1x |
Cash | CN¥379.57m |
Equity | CN¥867.01m |
Total liabilities | CN¥10.81b |
Total assets | CN¥11.68b |
Recent financial health updates
No updates
Recent updates
Nanjing 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¥6.4B) do not cover its short term liabilities (CN¥9.3B).
Long Term Liabilities: 600280's short term assets (CN¥6.4B) exceed its long term liabilities (CN¥1.5B).
Debt to Equity History and Analysis
Debt Level: 600280's net debt to equity ratio (631.8%) is considered high.
Reducing Debt: 600280's debt to equity ratio has increased from 540.8% to 675.6% over the past 5 years.
Debt Coverage: 600280's debt is not well covered by operating cash flow (7.4%).
Interest Coverage: 600280's interest payments on its debt are not well covered by EBIT (1.1x coverage).