Wuhan Sanzhen Industry HoldingLtd Balance Sheet Health
Financial Health criteria checks 1/6
Wuhan Sanzhen Industry HoldingLtd has a total shareholder equity of CN¥5.5B and total debt of CN¥14.9B, which brings its debt-to-equity ratio to 271.7%. Its total assets and total liabilities are CN¥23.5B and CN¥18.0B respectively. Wuhan Sanzhen Industry HoldingLtd's EBIT is CN¥440.8M making its interest coverage ratio 1. It has cash and short-term investments of CN¥1.2B.
Key information
271.7%
Debt to equity ratio
CN¥14.93b
Debt
| Interest coverage ratio | 1x |
| Cash | CN¥1.19b |
| Equity | CN¥5.50b |
| Total liabilities | CN¥18.04b |
| Total assets | CN¥23.54b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 600168's short term assets (CN¥9.0B) do not cover its short term liabilities (CN¥10.2B).
Long Term Liabilities: 600168's short term assets (CN¥9.0B) exceed its long term liabilities (CN¥7.9B).
Debt to Equity History and Analysis
Debt Level: 600168's net debt to equity ratio (249.9%) is considered high.
Reducing Debt: 600168's debt to equity ratio has increased from 130.6% to 271.7% over the past 5 years.
Debt Coverage: 600168's debt is not well covered by operating cash flow (5.3%).
Interest Coverage: 600168's interest payments on its debt are not well covered by EBIT (1x coverage).