Fujian Start GroupLtd Balance Sheet Health
Financial Health criteria checks 4/6
Fujian Start GroupLtd has a total shareholder equity of CN¥378.7M and total debt of CN¥117.8M, which brings its debt-to-equity ratio to 31.1%. Its total assets and total liabilities are CN¥780.3M and CN¥401.6M respectively. Fujian Start GroupLtd's EBIT is CN¥17.8M making its interest coverage ratio 5.4. It has cash and short-term investments of CN¥177.4M.
Key information
31.1%
Debt to equity ratio
CN¥117.79m
Debt
| Interest coverage ratio | 5.4x |
| Cash | CN¥177.40m |
| Equity | CN¥378.68m |
| Total liabilities | CN¥401.61m |
| Total assets | CN¥780.29m |
Recent financial health updates
Recent updates
Subdued Growth No Barrier To Fujian Start Group Co.Ltd's (SHSE:600734) Price
Jun 25
Fujian Start GroupLtd (SHSE:600734) Could Be Struggling To Allocate Capital
Jun 07Is Fujian Start GroupLtd (SHSE:600734) A Risky Investment?
May 21We Think That There Are Issues Underlying Fujian Start GroupLtd's (SHSE:600734) Earnings
Apr 26Revenues Not Telling The Story For Fujian Start Group Co.Ltd (SHSE:600734)
Mar 21Financial Position Analysis
Short Term Liabilities: 600734's short term assets (CN¥371.4M) do not cover its short term liabilities (CN¥393.8M).
Long Term Liabilities: 600734's short term assets (CN¥371.4M) exceed its long term liabilities (CN¥7.8M).
Debt to Equity History and Analysis
Debt Level: 600734 has more cash than its total debt.
Reducing Debt: 600734's debt to equity ratio has reduced from 57.7% to 31.1% over the past 5 years.
Debt Coverage: 600734's debt is not well covered by operating cash flow (10.5%).
Interest Coverage: 600734's interest payments on its debt are well covered by EBIT (5.4x coverage).