Fujian Dongbai (Group)Ltd Balance Sheet Health
Financial Health criteria checks 1/6
Fujian Dongbai (Group)Ltd has a total shareholder equity of CN¥4.4B and total debt of CN¥5.5B, which brings its debt-to-equity ratio to 126.4%. Its total assets and total liabilities are CN¥14.5B and CN¥10.1B respectively. Fujian Dongbai (Group)Ltd's EBIT is CN¥615.1M making its interest coverage ratio 2.4. It has cash and short-term investments of CN¥252.3M.
Key information
126.4%
Debt to equity ratio
CN¥5.52b
Debt
| Interest coverage ratio | 2.4x |
| Cash | CN¥252.33m |
| Equity | CN¥4.36b |
| Total liabilities | CN¥10.13b |
| Total assets | CN¥14.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600693's short term assets (CN¥3.2B) do not cover its short term liabilities (CN¥5.4B).
Long Term Liabilities: 600693's short term assets (CN¥3.2B) do not cover its long term liabilities (CN¥4.7B).
Debt to Equity History and Analysis
Debt Level: 600693's net debt to equity ratio (120.6%) is considered high.
Reducing Debt: 600693's debt to equity ratio has reduced from 134.3% to 126.4% over the past 5 years.
Debt Coverage: 600693's debt is not well covered by operating cash flow (14%).
Interest Coverage: 600693's interest payments on its debt are not well covered by EBIT (2.4x coverage).