Ajisen (China) Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Ajisen (China) Holdings has a total shareholder equity of CN¥3.0B and total debt of CN¥36.3M, which brings its debt-to-equity ratio to 1.2%. Its total assets and total liabilities are CN¥4.0B and CN¥1.0B respectively. Ajisen (China) Holdings's EBIT is CN¥71.8M making its interest coverage ratio -6.2. It has cash and short-term investments of CN¥1.7B.
Key information
1.2%
Debt to equity ratio
CN¥36.29m
Debt
| Interest coverage ratio | -6.2x |
| Cash | CN¥1.67b |
| Equity | CN¥2.97b |
| Total liabilities | CN¥1.02b |
| Total assets | CN¥3.99b |
Recent financial health updates
Is Ajisen (China) Holdings (HKG:538) Using Too Much Debt?
Oct 19
Health Check: How Prudently Does Ajisen (China) Holdings (HKG:538) Use Debt?
Nov 07Does Ajisen (China) Holdings (HKG:538) Have A Healthy Balance Sheet?
Apr 26Recent updates
Ajisen (China) Holdings' (HKG:538) Conservative Accounting Might Explain Soft Earnings
Sep 27Most Shareholders Will Probably Agree With Ajisen (China) Holdings Limited's (HKG:538) CEO Compensation
Jun 06Capital Allocation Trends At Ajisen (China) Holdings (HKG:538) Aren't Ideal
Mar 28Ajisen (China) Holdings Limited's (HKG:538) 31% Share Price Surge Not Quite Adding Up
Dec 29Is Ajisen (China) Holdings (HKG:538) Using Too Much Debt?
Oct 19Health Check: How Prudently Does Ajisen (China) Holdings (HKG:538) Use Debt?
Nov 07What Is Ajisen (China) Holdings Limited's (HKG:538) Share Price Doing?
May 30Does Ajisen (China) Holdings (HKG:538) Have A Healthy Balance Sheet?
Apr 26Should You Review Recent Insider Transactions At Ajisen (China) Holdings Limited (HKG:538)?
Mar 07Reflecting on Ajisen (China) Holdings' (HKG:538) Share Price Returns Over The Last Three Years
Feb 17Should You Buy Ajisen (China) Holdings Limited (HKG:538) For Its Dividend?
Jan 28
Why Ajisen (China) Holdings Limited (HKG:538) Could Be Worth Watching
Jan 07Estimating The Fair Value Of Ajisen (China) Holdings Limited (HKG:538)
Dec 17Does Ajisen (China) Holdings' (HKG:538) CEO Salary Compare Well With The Performance Of The Company?
Dec 01Financial Position Analysis
Short Term Liabilities: 538's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥537.4M).
Long Term Liabilities: 538's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥480.7M).
Debt to Equity History and Analysis
Debt Level: 538 has more cash than its total debt.
Reducing Debt: 538's debt to equity ratio has reduced from 7.4% to 1.2% over the past 5 years.
Debt Coverage: 538's debt is well covered by operating cash flow (1152.3%).
Interest Coverage: 538 earns more interest than it pays, so coverage of interest payments is not a concern.