Shenzhen LihexingLtd Balance Sheet Health
Financial Health criteria checks 2/6
Shenzhen LihexingLtd has a total shareholder equity of CN¥848.7M and total debt of CN¥404.2M, which brings its debt-to-equity ratio to 47.6%. Its total assets and total liabilities are CN¥1.5B and CN¥668.0M respectively.
Key information
47.6%
Debt to equity ratio
CN¥404.19m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥56.70m |
| Equity | CN¥848.75m |
| Total liabilities | CN¥668.03m |
| Total assets | CN¥1.52b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301013's short term assets (CN¥748.6M) exceed its short term liabilities (CN¥448.1M).
Long Term Liabilities: 301013's short term assets (CN¥748.6M) exceed its long term liabilities (CN¥220.0M).
Debt to Equity History and Analysis
Debt Level: 301013's net debt to equity ratio (40.9%) is considered high.
Reducing Debt: 301013's debt to equity ratio has increased from 7.1% to 47.6% over the past 5 years.
Debt Coverage: 301013's debt is not well covered by operating cash flow (19.2%).
Interest Coverage: Insufficient data to determine if 301013's interest payments on its debt are well covered by EBIT.