Wangfujing Group Balance Sheet Health
Financial Health criteria checks 6/6
Wangfujing Group has a total shareholder equity of CN¥20.5B and total debt of CN¥1.9B, which brings its debt-to-equity ratio to 9.2%. Its total assets and total liabilities are CN¥40.7B and CN¥20.2B respectively. Wangfujing Group's EBIT is CN¥1.0B making its interest coverage ratio 8.2. It has cash and short-term investments of CN¥9.6B.
Key information
9.2%
Debt to equity ratio
CN¥1.89b
Debt
| Interest coverage ratio | 8.2x |
| Cash | CN¥9.63b |
| Equity | CN¥20.54b |
| Total liabilities | CN¥20.20b |
| Total assets | CN¥40.74b |
Recent financial health updates
These 4 Measures Indicate That Wangfujing Group (SHSE:600859) Is Using Debt Reasonably Well
Jul 23
Does Wangfujing Group (SHSE:600859) Have A Healthy Balance Sheet?
Apr 21Recent updates
Is Now The Time To Look At Buying Wangfujing Group Co., Ltd. (SHSE:600859)?
Nov 18Wangfujing Group Co., Ltd. (SHSE:600859) Stocks Shoot Up 35% But Its P/E Still Looks Reasonable
Oct 02Statutory Profit Doesn't Reflect How Good Wangfujing Group's (SHSE:600859) Earnings Are
Sep 05Wangfujing Group Co., Ltd. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Sep 01Is Wangfujing Group Co., Ltd. (SHSE:600859) Trading At A 49% Discount?
Aug 11These 4 Measures Indicate That Wangfujing Group (SHSE:600859) Is Using Debt Reasonably Well
Jul 23Wangfujing Group (SHSE:600859) Has Announced That It Will Be Increasing Its Dividend To CN¥0.20
Jul 05What Wangfujing Group Co., Ltd.'s (SHSE:600859) P/S Is Not Telling You
May 22Wangfujing Group Co., Ltd. Just Missed EPS By 14%: Here's What Analysts Think Will Happen Next
Apr 23Does Wangfujing Group (SHSE:600859) Have A Healthy Balance Sheet?
Apr 21Is It Time To Consider Buying Wangfujing Group Co., Ltd. (SHSE:600859)?
Mar 06Financial Position Analysis
Short Term Liabilities: 600859's short term assets (CN¥12.6B) exceed its short term liabilities (CN¥7.9B).
Long Term Liabilities: 600859's short term assets (CN¥12.6B) exceed its long term liabilities (CN¥12.3B).
Debt to Equity History and Analysis
Debt Level: 600859 has more cash than its total debt.
Reducing Debt: 600859's debt to equity ratio has reduced from 52.8% to 9.2% over the past 5 years.
Debt Coverage: 600859's debt is well covered by operating cash flow (134.2%).
Interest Coverage: 600859's interest payments on its debt are well covered by EBIT (8.2x coverage).