China National Software & Service Balance Sheet Health
Financial Health criteria checks 4/6
China National Software & Service has a total shareholder equity of CN¥3.2B and total debt of CN¥2.1B, which brings its debt-to-equity ratio to 67%. Its total assets and total liabilities are CN¥8.9B and CN¥5.7B respectively. China National Software & Service's EBIT is CN¥34.9M making its interest coverage ratio -2.5. It has cash and short-term investments of CN¥1.5B.
Key information
67.0%
Debt to equity ratio
CN¥2.13b
Debt
| Interest coverage ratio | -2.5x |
| Cash | CN¥1.45b |
| Equity | CN¥3.18b |
| Total liabilities | CN¥5.70b |
| Total assets | CN¥8.88b |
Recent financial health updates
No updates
Recent updates
China National Software & Service Company Limited's (SHSE:600536) P/S Is Still On The Mark Following 36% Share Price Bounce
Oct 01
China National Software & Service's (SHSE:600536) Profits May Not Reveal Underlying Issues
Sep 04Revenues Tell The Story For China National Software & Service Company Limited (SHSE:600536)
Aug 17Sentiment Still Eluding China National Software & Service Company Limited (SHSE:600536)
Feb 26Financial Position Analysis
Short Term Liabilities: 600536's short term assets (CN¥6.2B) exceed its short term liabilities (CN¥5.5B).
Long Term Liabilities: 600536's short term assets (CN¥6.2B) exceed its long term liabilities (CN¥184.0M).
Debt to Equity History and Analysis
Debt Level: 600536's net debt to equity ratio (21.4%) is considered satisfactory.
Reducing Debt: 600536's debt to equity ratio has increased from 30.1% to 67% over the past 5 years.
Debt Coverage: 600536's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 600536 earns more interest than it pays, so coverage of interest payments is not a concern.