Shanghai Yuyuan Tourist Mart (Group) Balance Sheet Health
Financial Health criteria checks 3/6
Shanghai Yuyuan Tourist Mart (Group) has a total shareholder equity of CN¥39.7B and total debt of CN¥41.0B, which brings its debt-to-equity ratio to 103.3%. Its total assets and total liabilities are CN¥124.0B and CN¥84.4B respectively. Shanghai Yuyuan Tourist Mart (Group)'s EBIT is CN¥721.3M making its interest coverage ratio -0.5. It has cash and short-term investments of CN¥10.6B.
Key information
103.3%
Debt to equity ratio
CN¥40.96b
Debt
Interest coverage ratio | -0.5x |
Cash | CN¥10.61b |
Equity | CN¥39.66b |
Total liabilities | CN¥84.38b |
Total assets | CN¥124.04b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 600655's short term assets (CN¥74.3B) exceed its short term liabilities (CN¥59.5B).
Long Term Liabilities: 600655's short term assets (CN¥74.3B) exceed its long term liabilities (CN¥24.9B).
Debt to Equity History and Analysis
Debt Level: 600655's net debt to equity ratio (76.5%) is considered high.
Reducing Debt: 600655's debt to equity ratio has increased from 65.9% to 103.3% over the past 5 years.
Debt Coverage: 600655's debt is not well covered by operating cash flow (11.6%).
Interest Coverage: 600655 earns more interest than it pays, so coverage of interest payments is not a concern.