Wangfujing Group Balance Sheet Health
Financial Health criteria checks 6/6
Wangfujing Group has a total shareholder equity of CN¥20.6B and total debt of CN¥2.1B, which brings its debt-to-equity ratio to 10.3%. Its total assets and total liabilities are CN¥41.3B and CN¥20.7B respectively. Wangfujing Group's EBIT is CN¥1.3B making its interest coverage ratio 8.7. It has cash and short-term investments of CN¥10.9B.
Key information
10.3%
Debt to equity ratio
CN¥2.12b
Debt
Interest coverage ratio | 8.7x |
Cash | CN¥10.88b |
Equity | CN¥20.65b |
Total liabilities | CN¥20.66b |
Total assets | CN¥41.31b |
Recent financial health updates
Recent updates
What 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¥13.8B) exceed its short term liabilities (CN¥8.3B).
Long Term Liabilities: 600859's short term assets (CN¥13.8B) 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 27.7% to 10.3% over the past 5 years.
Debt Coverage: 600859's debt is well covered by operating cash flow (136.2%).
Interest Coverage: 600859's interest payments on its debt are well covered by EBIT (8.7x coverage).