GuangDong ShaoNeng Group Balance Sheet Health
Financial Health criteria checks 1/6
GuangDong ShaoNeng Group has a total shareholder equity of CN¥4.6B and total debt of CN¥7.2B, which brings its debt-to-equity ratio to 156.2%. Its total assets and total liabilities are CN¥13.3B and CN¥8.7B respectively. GuangDong ShaoNeng Group's EBIT is CN¥44.5M making its interest coverage ratio 0.2. It has cash and short-term investments of CN¥972.4M.
Key information
156.2%
Debt to equity ratio
CN¥7.25b
Debt
Interest coverage ratio | 0.2x |
Cash | CN¥972.40m |
Equity | CN¥4.64b |
Total liabilities | CN¥8.71b |
Total assets | CN¥13.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000601's short term assets (CN¥3.7B) exceed its short term liabilities (CN¥3.4B).
Long Term Liabilities: 000601's short term assets (CN¥3.7B) 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 (135.2%) is considered high.
Reducing Debt: 000601's debt to equity ratio has increased from 82.2% to 156.2% over the past 5 years.
Debt Coverage: 000601's debt is not well covered by operating cash flow (16.1%).
Interest Coverage: 000601's interest payments on its debt are not well covered by EBIT (0.2x coverage).