Baoye Group Balance Sheet Health
Financial Health criteria checks 6/6
Baoye Group has a total shareholder equity of CN¥13.0B and total debt of CN¥3.5B, which brings its debt-to-equity ratio to 27.3%. Its total assets and total liabilities are CN¥48.5B and CN¥35.5B respectively. Baoye Group's EBIT is CN¥1.0B making its interest coverage ratio -3.9. It has cash and short-term investments of CN¥9.8B.
Key information
27.3%
Debt to equity ratio
CN¥3.54b
Debt
| Interest coverage ratio | -3.9x |
| Cash | CN¥9.77b |
| Equity | CN¥13.00b |
| Total liabilities | CN¥35.51b |
| Total assets | CN¥48.51b |
Recent financial health updates
Is Baoye Group (HKG:2355) Using Too Much Debt?
Nov 02
Here's Why Baoye Group (HKG:2355) Has A Meaningful Debt Burden
Mar 29Recent updates
Baoye Group's (HKG:2355) Earnings Are Weaker Than They Seem
Apr 04Baoye Group (HKG:2355) Hasn't Managed To Accelerate Its Returns
Dec 19Is Baoye Group (HKG:2355) Using Too Much Debt?
Nov 02Here's What To Make Of Baoye Group's (HKG:2355) Decelerating Rates Of Return
Apr 12Returns On Capital At Baoye Group (HKG:2355) Have Stalled
May 09Here's Why Baoye Group (HKG:2355) Has A Meaningful Debt Burden
Mar 29What Type Of Shareholders Own The Most Number of Baoye Group Company Limited (HKG:2355) Shares?
Mar 06Here's What To Make Of Baoye Group's (HKG:2355) Returns On Capital
Feb 07
Are Baoye Group's (HKG:2355) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Jan 05Reflecting on Baoye Group's (HKG:2355) Share Price Returns Over The Last Five Years
Dec 15Is Baoye Group Company Limited's (HKG:2355) Shareholder Ownership Skewed Towards Insiders?
Nov 27Financial Position Analysis
Short Term Liabilities: 2355's short term assets (CN¥41.0B) exceed its short term liabilities (CN¥34.2B).
Long Term Liabilities: 2355's short term assets (CN¥41.0B) exceed its long term liabilities (CN¥1.3B).
Debt to Equity History and Analysis
Debt Level: 2355 has more cash than its total debt.
Reducing Debt: 2355's debt to equity ratio has reduced from 37.3% to 27.3% over the past 5 years.
Debt Coverage: 2355's debt is well covered by operating cash flow (40.4%).
Interest Coverage: 2355 earns more interest than it pays, so coverage of interest payments is not a concern.