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
Yixin Group Limited (HKG:2858) Soars 30% But It's A Story Of Risk Vs Reward
Mar 11
Yixin Group Limited's (HKG:2858) Share Price Is Matching Sentiment Around Its Earnings
Jan 19Yixin Group Limited (HKG:2858) Investors Are Less Pessimistic Than Expected
Oct 18Here's Why We Think Yixin Group (HKG:2858) Is Well Worth Watching
Mar 03Update: Yixin Group (HKG:2858) Stock Gained 71% In The Last Year
Feb 25Financial Position Analysis
Short Term Liabilities: 2858's short term assets (CN¥36.0B) exceed its short term liabilities (CN¥16.0B).
Long Term Liabilities: 2858's short term assets (CN¥36.0B) exceed its long term liabilities (CN¥11.8B).
Debt to Equity History and Analysis
Debt Level: 2858's net debt to equity ratio (124.8%) is considered high.
Reducing Debt: 2858's debt to equity ratio has reduced from 203.2% to 146.9% over the past 5 years.
Debt Coverage: 2858's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 2858's interest payments on its debt are well covered by EBIT.