Shanghai Shine-Link International Logistics Balance Sheet Health
Financial Health criteria checks 5/6
Shanghai Shine-Link International Logistics has a total shareholder equity of CN¥1.8B and total debt of CN¥90.1M, which brings its debt-to-equity ratio to 4.9%. Its total assets and total liabilities are CN¥2.4B and CN¥555.7M respectively. Shanghai Shine-Link International Logistics's EBIT is CN¥149.3M making its interest coverage ratio -17. It has cash and short-term investments of CN¥192.4M.
Key information
4.9%
Debt to equity ratio
CN¥90.06m
Debt
| Interest coverage ratio | -17x |
| Cash | CN¥192.42m |
| Equity | CN¥1.85b |
| Total liabilities | CN¥555.66m |
| Total assets | CN¥2.40b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603648's short term assets (CN¥689.3M) exceed its short term liabilities (CN¥359.7M).
Long Term Liabilities: 603648's short term assets (CN¥689.3M) exceed its long term liabilities (CN¥196.0M).
Debt to Equity History and Analysis
Debt Level: 603648 has more cash than its total debt.
Reducing Debt: 603648's debt to equity ratio has increased from 0% to 4.9% over the past 5 years.
Debt Coverage: 603648's debt is well covered by operating cash flow (228.4%).
Interest Coverage: 603648 earns more interest than it pays, so coverage of interest payments is not a concern.