Xiamen Xiangyu Balance Sheet Health
Financial Health criteria checks 5/6
Xiamen Xiangyu has a total shareholder equity of CN¥36.1B and total debt of CN¥32.1B, which brings its debt-to-equity ratio to 89.1%. Its total assets and total liabilities are CN¥127.1B and CN¥91.1B respectively. Xiamen Xiangyu's EBIT is CN¥4.2B making its interest coverage ratio 10. It has cash and short-term investments of CN¥21.9B.
Key information
89.1%
Debt to equity ratio
CN¥32.13b
Debt
| Interest coverage ratio | 10x |
| Cash | CN¥21.90b |
| Equity | CN¥36.07b |
| Total liabilities | CN¥91.05b |
| Total assets | CN¥127.12b |
Recent financial health updates
We Think Xiamen Xiangyu (SHSE:600057) Is Taking Some Risk With Its Debt
Aug 30
Is Xiamen Xiangyu (SHSE:600057) A Risky Investment?
Apr 24Recent updates
Why Xiamen Xiangyu's (SHSE:600057) Shaky Earnings Are Just The Beginning Of Its Problems
Nov 06Xiamen Xiangyu Co., Ltd. (SHSE:600057) Soars 33% But It's A Story Of Risk Vs Reward
Oct 15We Think Xiamen Xiangyu (SHSE:600057) Is Taking Some Risk With Its Debt
Aug 30An Intrinsic Calculation For Xiamen Xiangyu Co., Ltd. (SHSE:600057) Suggests It's 29% Undervalued
Aug 02Many Still Looking Away From Xiamen Xiangyu Co., Ltd. (SHSE:600057)
Jul 12Xiamen Xiangyu's (SHSE:600057) Conservative Accounting Might Explain Soft Earnings
May 06Earnings Miss: Xiamen Xiangyu Co., Ltd. Missed EPS By 25% And Analysts Are Revising Their Forecasts
Apr 28Is Xiamen Xiangyu (SHSE:600057) A Risky Investment?
Apr 24Returns On Capital At Xiamen Xiangyu (SHSE:600057) Paint A Concerning Picture
Apr 01Financial Position Analysis
Short Term Liabilities: 600057's short term assets (CN¥107.8B) exceed its short term liabilities (CN¥86.3B).
Long Term Liabilities: 600057's short term assets (CN¥107.8B) exceed its long term liabilities (CN¥4.7B).
Debt to Equity History and Analysis
Debt Level: 600057's net debt to equity ratio (28.4%) is considered satisfactory.
Reducing Debt: 600057's debt to equity ratio has reduced from 117.1% to 89.1% over the past 5 years.
Debt Coverage: 600057's debt is not well covered by operating cash flow (14%).
Interest Coverage: 600057's interest payments on its debt are well covered by EBIT (10x coverage).