Dashang Balance Sheet Health
Financial Health criteria checks 6/6
Dashang has a total shareholder equity of CN¥9.0B and total debt of CN¥457.1M, which brings its debt-to-equity ratio to 5.1%. Its total assets and total liabilities are CN¥18.5B and CN¥9.6B respectively. Dashang's EBIT is CN¥961.3M making its interest coverage ratio 7.7. It has cash and short-term investments of CN¥5.4B.
Key information
5.1%
Debt to equity ratio
CN¥457.06m
Debt
Interest coverage ratio | 7.7x |
Cash | CN¥5.38b |
Equity | CN¥8.95b |
Total liabilities | CN¥9.58b |
Total assets | CN¥18.53b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600694's short term assets (CN¥10.6B) exceed its short term liabilities (CN¥6.2B).
Long Term Liabilities: 600694's short term assets (CN¥10.6B) exceed its long term liabilities (CN¥3.4B).
Debt to Equity History and Analysis
Debt Level: 600694 has more cash than its total debt.
Reducing Debt: 600694's debt to equity ratio has reduced from 8% to 5.1% over the past 5 years.
Debt Coverage: 600694's debt is well covered by operating cash flow (363.9%).
Interest Coverage: 600694's interest payments on its debt are well covered by EBIT (7.7x coverage).