Chongqing Sanfeng Environment Group Balance Sheet Health
Financial Health criteria checks 4/6
Chongqing Sanfeng Environment Group has a total shareholder equity of CN¥11.8B and total debt of CN¥7.9B, which brings its debt-to-equity ratio to 66.7%. Its total assets and total liabilities are CN¥24.6B and CN¥12.8B respectively. Chongqing Sanfeng Environment Group's EBIT is CN¥1.5B making its interest coverage ratio 6. It has cash and short-term investments of CN¥1.3B.
Key information
66.7%
Debt to equity ratio
CN¥7.87b
Debt
| Interest coverage ratio | 6x |
| Cash | CN¥1.30b |
| Equity | CN¥11.79b |
| Total liabilities | CN¥12.82b |
| Total assets | CN¥24.61b |
Recent financial health updates
We Think Chongqing Sanfeng Environment Group (SHSE:601827) Is Taking Some Risk With Its Debt
Jun 28
These 4 Measures Indicate That Chongqing Sanfeng Environment Group (SHSE:601827) Is Using Debt Extensively
Mar 11Recent updates
Why Investors Shouldn't Be Surprised By Chongqing Sanfeng Environment Group Corp., Ltd.'s (SHSE:601827) Low P/E
Nov 27The Returns At Chongqing Sanfeng Environment Group (SHSE:601827) Aren't Growing
Sep 26Chongqing Sanfeng Environment Group Corp., Ltd.'s (SHSE:601827) Price Is Right But Growth Is Lacking
Aug 11We Think Chongqing Sanfeng Environment Group (SHSE:601827) Is Taking Some Risk With Its Debt
Jun 28Estimating The Intrinsic Value Of Chongqing Sanfeng Environment Group Corp., Ltd. (SHSE:601827)
Jun 05Returns On Capital At Chongqing Sanfeng Environment Group (SHSE:601827) Have Hit The Brakes
Apr 30These 4 Measures Indicate That Chongqing Sanfeng Environment Group (SHSE:601827) Is Using Debt Extensively
Mar 11Financial Position Analysis
Short Term Liabilities: 601827's short term assets (CN¥6.1B) exceed its short term liabilities (CN¥5.5B).
Long Term Liabilities: 601827's short term assets (CN¥6.1B) do not cover its long term liabilities (CN¥7.3B).
Debt to Equity History and Analysis
Debt Level: 601827's net debt to equity ratio (55.7%) is considered high.
Reducing Debt: 601827's debt to equity ratio has reduced from 142.5% to 66.7% over the past 5 years.
Debt Coverage: 601827's debt is well covered by operating cash flow (36.1%).
Interest Coverage: 601827's interest payments on its debt are well covered by EBIT (6x coverage).