Yuanda China Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Yuanda China Holdings has a total shareholder equity of CN¥861.5M and total debt of CN¥1.4B, which brings its debt-to-equity ratio to 167.7%. Its total assets and total liabilities are CN¥5.1B and CN¥4.3B respectively. Yuanda China Holdings's EBIT is CN¥137.2M making its interest coverage ratio 2.3. It has cash and short-term investments of CN¥596.2M.
Key information
167.7%
Debt to equity ratio
CN¥1.44b
Debt
| Interest coverage ratio | 2.3x |
| Cash | CN¥596.20m |
| Equity | CN¥861.50m |
| Total liabilities | CN¥4.25b |
| Total assets | CN¥5.11b |
Recent financial health updates
Is Yuanda China Holdings (HKG:2789) Using Debt Sensibly?
Sep 06
Is Yuanda China Holdings (HKG:2789) Using Debt Sensibly?
Sep 16Is Yuanda China Holdings (HKG:2789) A Risky Investment?
May 13Recent updates
Lacklustre Performance Is Driving Yuanda China Holdings Limited's (HKG:2789) Low P/E
Aug 19Some Investors May Be Willing To Look Past Yuanda China Holdings' (HKG:2789) Soft Earnings
May 06Yuanda China Holdings Limited's (HKG:2789) 26% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/ERatio
Apr 16Pinning Down Yuanda China Holdings Limited's (HKG:2789) P/S Is Difficult Right Now
Feb 24Is Yuanda China Holdings (HKG:2789) Using Debt Sensibly?
Sep 06Investors Met With Slowing Returns on Capital At Yuanda China Holdings (HKG:2789)
May 04Is Yuanda China Holdings (HKG:2789) Using Debt Sensibly?
Sep 16Is Yuanda China Holdings (HKG:2789) A Risky Investment?
May 13A Look At Yuanda China Holdings' (HKG:2789) Share Price Returns
Feb 25Is Yuanda China Holdings (HKG:2789) Set To Make A Turnaround?
Jan 21Trade Alert: The Founder & Chairman Of Yuanda China Holdings Limited (HKG:2789), Baohua Kang, Has Just Spent CN¥301k Buying A Few More Shares
Dec 17
Did Yuanda China Holdings Limited (HKG:2789) Insiders Buy Up More Shares?
Nov 19Financial Position Analysis
Short Term Liabilities: 2789's short term assets (CN¥4.2B) exceed its short term liabilities (CN¥4.0B).
Long Term Liabilities: 2789's short term assets (CN¥4.2B) exceed its long term liabilities (CN¥217.9M).
Debt to Equity History and Analysis
Debt Level: 2789's net debt to equity ratio (98.5%) is considered high.
Reducing Debt: 2789's debt to equity ratio has increased from 116.2% to 167.7% over the past 5 years.
Debt Coverage: 2789's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 2789's interest payments on its debt are not well covered by EBIT (2.3x coverage).