Wushang Group Balance Sheet Health
Financial Health criteria checks 0/6
Wushang Group has a total shareholder equity of CN¥11.2B and total debt of CN¥9.5B, which brings its debt-to-equity ratio to 85.4%. Its total assets and total liabilities are CN¥31.1B and CN¥19.9B respectively. Wushang Group's EBIT is CN¥508.2M making its interest coverage ratio 1.8. It has cash and short-term investments of CN¥3.1B.
Key information
85.4%
Debt to equity ratio
CN¥9.55b
Debt
| Interest coverage ratio | 1.8x |
| Cash | CN¥3.15b |
| Equity | CN¥11.19b |
| Total liabilities | CN¥19.86b |
| Total assets | CN¥31.05b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000501's short term assets (CN¥5.6B) do not cover its short term liabilities (CN¥12.4B).
Long Term Liabilities: 000501's short term assets (CN¥5.6B) do not cover its long term liabilities (CN¥7.5B).
Debt to Equity History and Analysis
Debt Level: 000501's net debt to equity ratio (57.2%) is considered high.
Reducing Debt: 000501's debt to equity ratio has increased from 49.8% to 85.4% over the past 5 years.
Debt Coverage: 000501's debt is not well covered by operating cash flow (19.3%).
Interest Coverage: 000501's interest payments on its debt are not well covered by EBIT (1.8x coverage).