Shandong Shengli Balance Sheet Health
Financial Health criteria checks 3/6
Shandong Shengli has a total shareholder equity of CN¥3.3B and total debt of CN¥1.6B, which brings its debt-to-equity ratio to 49.5%. Its total assets and total liabilities are CN¥6.7B and CN¥3.4B respectively. Shandong Shengli's EBIT is CN¥307.3M making its interest coverage ratio 4.8. It has cash and short-term investments of CN¥746.9M.
Key information
49.5%
Debt to equity ratio
CN¥1.63b
Debt
| Interest coverage ratio | 4.8x |
| Cash | CN¥746.88m |
| Equity | CN¥3.29b |
| Total liabilities | CN¥3.43b |
| Total assets | CN¥6.72b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000407's short term assets (CN¥2.1B) do not cover its short term liabilities (CN¥2.8B).
Long Term Liabilities: 000407's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥628.2M).
Debt to Equity History and Analysis
Debt Level: 000407's net debt to equity ratio (26.8%) is considered satisfactory.
Reducing Debt: 000407's debt to equity ratio has increased from 49.4% to 49.5% over the past 5 years.
Debt Coverage: 000407's debt is not well covered by operating cash flow (19.2%).
Interest Coverage: 000407's interest payments on its debt are well covered by EBIT (4.8x coverage).