Shanghai Yimin Commercial Group Balance Sheet Health
Financial Health criteria checks 6/6
Shanghai Yimin Commercial Group has a total shareholder equity of CN¥2.4B and total debt of CN¥31.1M, which brings its debt-to-equity ratio to 1.3%. Its total assets and total liabilities are CN¥2.9B and CN¥498.2M respectively. Shanghai Yimin Commercial Group's EBIT is CN¥64.3M making its interest coverage ratio -6. It has cash and short-term investments of CN¥1.2B.
Key information
1.3%
Debt to equity ratio
CN¥31.09m
Debt
Interest coverage ratio | -6x |
Cash | CN¥1.18b |
Equity | CN¥2.42b |
Total liabilities | CN¥498.20m |
Total assets | CN¥2.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600824's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥345.5M).
Long Term Liabilities: 600824's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥152.7M).
Debt to Equity History and Analysis
Debt Level: 600824 has more cash than its total debt.
Reducing Debt: 600824's debt to equity ratio has reduced from 16.8% to 1.3% over the past 5 years.
Debt Coverage: 600824's debt is well covered by operating cash flow (894.3%).
Interest Coverage: 600824 earns more interest than it pays, so coverage of interest payments is not a concern.