Wuhan Sanzhen Industry HoldingLtd Balance Sheet Health
Financial Health criteria checks 1/6
Wuhan Sanzhen Industry HoldingLtd has a total shareholder equity of CN¥5.5B and total debt of CN¥14.4B, which brings its debt-to-equity ratio to 261.8%. Its total assets and total liabilities are CN¥23.1B and CN¥17.6B respectively. Wuhan Sanzhen Industry HoldingLtd's EBIT is CN¥303.7M making its interest coverage ratio 0.7. It has cash and short-term investments of CN¥1.3B.
Key information
261.8%
Debt to equity ratio
CN¥14.41b
Debt
| Interest coverage ratio | 0.7x |
| Cash | CN¥1.25b |
| Equity | CN¥5.50b |
| Total liabilities | CN¥17.60b |
| Total assets | CN¥23.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600168's short term assets (CN¥8.4B) do not cover its short term liabilities (CN¥9.7B).
Long Term Liabilities: 600168's short term assets (CN¥8.4B) exceed its long term liabilities (CN¥7.9B).
Debt to Equity History and Analysis
Debt Level: 600168's net debt to equity ratio (239.1%) is considered high.
Reducing Debt: 600168's debt to equity ratio has increased from 122.3% to 261.8% over the past 5 years.
Debt Coverage: 600168's debt is not well covered by operating cash flow (5.5%).
Interest Coverage: 600168's interest payments on its debt are not well covered by EBIT (0.7x coverage).