GuangDong ShaoNeng Group Balance Sheet Health
Financial Health criteria checks 2/6
GuangDong ShaoNeng Group has a total shareholder equity of CN¥4.8B and total debt of CN¥6.5B, which brings its debt-to-equity ratio to 135.1%. Its total assets and total liabilities are CN¥12.8B and CN¥8.0B respectively. GuangDong ShaoNeng Group's EBIT is CN¥176.0M making its interest coverage ratio 0.7. It has cash and short-term investments of CN¥404.8M.
Key information
135.1%
Debt to equity ratio
CN¥6.53b
Debt
| Interest coverage ratio | 0.7x |
| Cash | CN¥404.80m |
| Equity | CN¥4.84b |
| Total liabilities | CN¥7.97b |
| Total assets | CN¥12.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000601's short term assets (CN¥3.2B) exceed its short term liabilities (CN¥2.5B).
Long Term Liabilities: 000601's short term assets (CN¥3.2B) do not cover its long term liabilities (CN¥5.4B).
Debt to Equity History and Analysis
Debt Level: 000601's net debt to equity ratio (126.7%) is considered high.
Reducing Debt: 000601's debt to equity ratio has increased from 84.1% to 135.1% over the past 5 years.
Debt Coverage: 000601's debt is well covered by operating cash flow (21.6%).
Interest Coverage: 000601's interest payments on its debt are not well covered by EBIT (0.7x coverage).