China Lilang Balance Sheet Health
Financial Health criteria checks 5/6
China Lilang has a total shareholder equity of CN¥4.0B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 28.8%. Its total assets and total liabilities are CN¥6.5B and CN¥2.5B respectively. China Lilang's EBIT is CN¥613.7M making its interest coverage ratio -12.3. It has cash and short-term investments of CN¥1.1B.
Key information
28.8%
Debt to equity ratio
CN¥1.14b
Debt
Interest coverage ratio | -12.3x |
Cash | CN¥1.08b |
Equity | CN¥3.97b |
Total liabilities | CN¥2.54b |
Total assets | CN¥6.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5LX's short term assets (CN¥2.7B) exceed its short term liabilities (CN¥1.6B).
Long Term Liabilities: 5LX's short term assets (CN¥2.7B) exceed its long term liabilities (CN¥912.6M).
Debt to Equity History and Analysis
Debt Level: 5LX's net debt to equity ratio (1.7%) is considered satisfactory.
Reducing Debt: 5LX's debt to equity ratio has increased from 0% to 28.8% over the past 5 years.
Debt Coverage: 5LX's debt is well covered by operating cash flow (96.3%).
Interest Coverage: 5LX earns more interest than it pays, so coverage of interest payments is not a concern.