Guangdong Meiyanjixiang HydropowerLtd Balance Sheet Health
Financial Health criteria checks 4/6
Guangdong Meiyanjixiang HydropowerLtd has a total shareholder equity of CN¥2.4B and total debt of CN¥114.8M, which brings its debt-to-equity ratio to 4.9%. Its total assets and total liabilities are CN¥2.8B and CN¥390.9M respectively.
Key information
4.9%
Debt to equity ratio
CN¥114.80m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥350.68m |
| Equity | CN¥2.36b |
| Total liabilities | CN¥390.94m |
| Total assets | CN¥2.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600868's short term assets (CN¥871.1M) exceed its short term liabilities (CN¥262.5M).
Long Term Liabilities: 600868's short term assets (CN¥871.1M) exceed its long term liabilities (CN¥128.4M).
Debt to Equity History and Analysis
Debt Level: 600868 has more cash than its total debt.
Reducing Debt: 600868's debt to equity ratio has increased from 0% to 4.9% over the past 5 years.
Debt Coverage: 600868's debt is well covered by operating cash flow (114.7%).
Interest Coverage: Insufficient data to determine if 600868's interest payments on its debt are well covered by EBIT.