Yixin Group Balance Sheet Health
Financial Health criteria checks 3/6
Yixin Group has a total shareholder equity of CN¥15.8B and total debt of CN¥23.2B, which brings its debt-to-equity ratio to 146.9%. Its total assets and total liabilities are CN¥43.6B and CN¥27.8B respectively.
Key information
146.9%
Debt to equity ratio
CN¥23.16b
Debt
Interest coverage ratio | n/a |
Cash | CN¥3.48b |
Equity | CN¥15.77b |
Total liabilities | CN¥27.81b |
Total assets | CN¥43.58b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1YX's short term assets (CN¥36.0B) exceed its short term liabilities (CN¥16.0B).
Long Term Liabilities: 1YX's short term assets (CN¥36.0B) exceed its long term liabilities (CN¥11.8B).
Debt to Equity History and Analysis
Debt Level: 1YX's net debt to equity ratio (124.8%) is considered high.
Reducing Debt: 1YX's debt to equity ratio has reduced from 203.2% to 146.9% over the past 5 years.
Debt Coverage: 1YX's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 1YX's interest payments on its debt are well covered by EBIT.