Xiamen Xiangyu Balance Sheet Health
Financial Health criteria checks 5/6
Xiamen Xiangyu has a total shareholder equity of CN¥35.2B and total debt of CN¥40.0B, which brings its debt-to-equity ratio to 113.7%. Its total assets and total liabilities are CN¥125.2B and CN¥90.0B respectively. Xiamen Xiangyu's EBIT is CN¥4.7B making its interest coverage ratio 4.3. It has cash and short-term investments of CN¥21.8B.
Key information
113.7%
Debt to equity ratio
CN¥40.03b
Debt
| Interest coverage ratio | 4.3x |
| Cash | CN¥21.79b |
| Equity | CN¥35.19b |
| Total liabilities | CN¥89.98b |
| Total assets | CN¥125.17b |
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
We 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¥106.3B) exceed its short term liabilities (CN¥84.7B).
Long Term Liabilities: 600057's short term assets (CN¥106.3B) exceed its long term liabilities (CN¥5.2B).
Debt to Equity History and Analysis
Debt Level: 600057's net debt to equity ratio (51.8%) is considered high.
Reducing Debt: 600057's debt to equity ratio has reduced from 117.8% to 113.7% over the past 5 years.
Debt Coverage: 600057's debt is well covered by operating cash flow (27.7%).
Interest Coverage: 600057's interest payments on its debt are well covered by EBIT (4.3x coverage).