China Lilang Balance Sheet Health
Financial Health criteria checks 5/6
China Lilang has a total shareholder equity of CN¥4.1B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 28.1%. Its total assets and total liabilities are CN¥6.5B and CN¥2.4B respectively. China Lilang's EBIT is CN¥622.1M making its interest coverage ratio -11.6. It has cash and short-term investments of CN¥1.1B.
Key information
28.1%
Debt to equity ratio
CN¥1.14b
Debt
| Interest coverage ratio | -11.6x |
| Cash | CN¥1.11b |
| Equity | CN¥4.05b |
| Total liabilities | CN¥2.41b |
| Total assets | CN¥6.46b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5LX's short term assets (CN¥3.0B) exceed its short term liabilities (CN¥1.7B).
Long Term Liabilities: 5LX's short term assets (CN¥3.0B) exceed its long term liabilities (CN¥726.1M).
Debt to Equity History and Analysis
Debt Level: 5LX's net debt to equity ratio (0.7%) is considered satisfactory.
Reducing Debt: 5LX's debt to equity ratio has increased from 6.9% to 28.1% over the past 5 years.
Debt Coverage: 5LX's debt is well covered by operating cash flow (63.5%).
Interest Coverage: 5LX earns more interest than it pays, so coverage of interest payments is not a concern.