Shenzhen LihexingLtd Balance Sheet Health
Financial Health criteria checks 3/6
Shenzhen LihexingLtd has a total shareholder equity of CN¥843.8M and total debt of CN¥360.2M, which brings its debt-to-equity ratio to 42.7%. Its total assets and total liabilities are CN¥1.4B and CN¥602.3M respectively.
Key information
42.7%
Debt to equity ratio
CN¥360.24m
Debt
Interest coverage ratio | n/a |
Cash | CN¥86.41m |
Equity | CN¥843.77m |
Total liabilities | CN¥602.34m |
Total assets | CN¥1.45b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301013's short term assets (CN¥696.7M) exceed its short term liabilities (CN¥402.2M).
Long Term Liabilities: 301013's short term assets (CN¥696.7M) exceed its long term liabilities (CN¥200.1M).
Debt to Equity History and Analysis
Debt Level: 301013's net debt to equity ratio (32.5%) is considered satisfactory.
Reducing Debt: 301013's debt to equity ratio has increased from 10.3% to 42.7% over the past 5 years.
Debt Coverage: 301013's debt is not well covered by operating cash flow (4.7%).
Interest Coverage: Insufficient data to determine if 301013's interest payments on its debt are well covered by EBIT.