Xiamen Xiangyu Balance Sheet Health
Financial Health criteria checks 5/6
Xiamen Xiangyu has a total shareholder equity of CN¥38.8B and total debt of CN¥39.3B, which brings its debt-to-equity ratio to 101.4%. Its total assets and total liabilities are CN¥133.7B and CN¥94.9B respectively. Xiamen Xiangyu's EBIT is CN¥3.6B making its interest coverage ratio 4. It has cash and short-term investments of CN¥21.2B.
Key information
101.4%
Debt to equity ratio
CN¥39.31b
Debt
Interest coverage ratio | 4x |
Cash | CN¥21.16b |
Equity | CN¥38.75b |
Total liabilities | CN¥94.92b |
Total assets | CN¥133.67b |
Recent financial health updates
Recent updates
Xiamen 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¥115.2B) exceed its short term liabilities (CN¥89.9B).
Long Term Liabilities: 600057's short term assets (CN¥115.2B) exceed its long term liabilities (CN¥5.0B).
Debt to Equity History and Analysis
Debt Level: 600057's net debt to equity ratio (46.8%) is considered high.
Reducing Debt: 600057's debt to equity ratio has reduced from 127.3% to 101.4% over the past 5 years.
Debt Coverage: 600057's debt is well covered by operating cash flow (51%).
Interest Coverage: 600057's interest payments on its debt are well covered by EBIT (4x coverage).