Shenzhen Feima International Supply Chain Balance Sheet Health
Financial Health criteria checks 2/6
Shenzhen Feima International Supply Chain has a total shareholder equity of CN¥279.0M and total debt of CN¥606.1M, which brings its debt-to-equity ratio to 217.2%. Its total assets and total liabilities are CN¥1.4B and CN¥1.1B respectively. Shenzhen Feima International Supply Chain's EBIT is CN¥46.5M making its interest coverage ratio -68.1. It has cash and short-term investments of CN¥84.2M.
Key information
217.2%
Debt to equity ratio
CN¥606.10m
Debt
| Interest coverage ratio | -68.1x |
| Cash | CN¥84.21m |
| Equity | CN¥279.03m |
| Total liabilities | CN¥1.08b |
| Total assets | CN¥1.36b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 002210's short term assets (CN¥420.9M) do not cover its short term liabilities (CN¥705.0M).
Long Term Liabilities: 002210's short term assets (CN¥420.9M) exceed its long term liabilities (CN¥373.2M).
Debt to Equity History and Analysis
Debt Level: 002210's net debt to equity ratio (187%) is considered high.
Reducing Debt: 002210's debt to equity ratio has increased from 113.7% to 217.2% over the past 5 years.
Debt Coverage: 002210's debt is not well covered by operating cash flow (1.6%).
Interest Coverage: 002210 earns more interest than it pays, so coverage of interest payments is not a concern.