Wenfeng Great World Chain Development Balance Sheet Health
Financial Health criteria checks 4/6
Wenfeng Great World Chain Development has a total shareholder equity of CN¥4.5B and total debt of CN¥63.4M, which brings its debt-to-equity ratio to 1.4%. Its total assets and total liabilities are CN¥6.5B and CN¥2.0B respectively. Wenfeng Great World Chain Development's EBIT is CN¥230.8M making its interest coverage ratio -7.1. It has cash and short-term investments of CN¥1.2B.
Key information
1.4%
Debt to equity ratio
CN¥63.36m
Debt
Interest coverage ratio | -7.1x |
Cash | CN¥1.20b |
Equity | CN¥4.48b |
Total liabilities | CN¥2.03b |
Total assets | CN¥6.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 601010's short term assets (CN¥1.7B) do not cover its short term liabilities (CN¥1.9B).
Long Term Liabilities: 601010's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥162.3M).
Debt to Equity History and Analysis
Debt Level: 601010 has more cash than its total debt.
Reducing Debt: 601010's debt to equity ratio has increased from 0% to 1.4% over the past 5 years.
Debt Coverage: 601010's debt is well covered by operating cash flow (722.9%).
Interest Coverage: 601010 earns more interest than it pays, so coverage of interest payments is not a concern.