Fufeng Group Balance Sheet Health
Financial Health criteria checks 5/6
Fufeng Group has a total shareholder equity of CN¥17.3B and total debt of CN¥9.8B, which brings its debt-to-equity ratio to 56.5%. Its total assets and total liabilities are CN¥32.6B and CN¥15.2B respectively. Fufeng Group's EBIT is CN¥3.4B making its interest coverage ratio -20.4. It has cash and short-term investments of CN¥7.0B.
Key information
56.5%
Debt to equity ratio
CN¥9.78b
Debt
Interest coverage ratio | -20.4x |
Cash | CN¥6.96b |
Equity | CN¥17.32b |
Total liabilities | CN¥15.24b |
Total assets | CN¥32.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FFO1's short term assets (CN¥19.7B) exceed its short term liabilities (CN¥14.0B).
Long Term Liabilities: FFO1's short term assets (CN¥19.7B) exceed its long term liabilities (CN¥1.2B).
Debt to Equity History and Analysis
Debt Level: FFO1's net debt to equity ratio (16.3%) is considered satisfactory.
Reducing Debt: FFO1's debt to equity ratio has increased from 36.4% to 56.5% over the past 5 years.
Debt Coverage: FFO1's debt is well covered by operating cash flow (38.7%).
Interest Coverage: FFO1 earns more interest than it pays, so coverage of interest payments is not a concern.