Shandong Fengxiang Balance Sheet Health
Financial Health criteria checks 3/6
Shandong Fengxiang has a total shareholder equity of CN¥2.6B and total debt of CN¥1.4B, which brings its debt-to-equity ratio to 54.7%. Its total assets and total liabilities are CN¥5.2B and CN¥2.6B respectively. Shandong Fengxiang's EBIT is CN¥78.4M making its interest coverage ratio 1.5. It has cash and short-term investments of CN¥159.1M.
Key information
54.7%
Debt to equity ratio
CN¥1.43b
Debt
| Interest coverage ratio | 1.5x |
| Cash | CN¥159.13m |
| Equity | CN¥2.61b |
| Total liabilities | CN¥2.62b |
| Total assets | CN¥5.23b |
Recent financial health updates
No updates
Recent updates
Estimating The Fair Value Of Shandong Fengxiang Co., Ltd (HKG:9977)
Jul 15
There Are Reasons To Feel Uneasy About Shandong Fengxiang's (HKG:9977) Returns On Capital
Jun 14Why We're Not Concerned About Shandong Fengxiang Co., Ltd's (HKG:9977) Share Price
Apr 08Investors Could Be Concerned With Shandong Fengxiang's (HKG:9977) Returns On Capital
Dec 14Shandong Fengxiang's (HKG:9977) Earnings Are Growing But Is There More To The Story?
Jan 20Shandong Fengxiang Co., Ltd's (HKG:9977) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
Nov 25Financial Position Analysis
Short Term Liabilities: 9977's short term assets (CN¥1.6B) do not cover its short term liabilities (CN¥2.1B).
Long Term Liabilities: 9977's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥478.8M).
Debt to Equity History and Analysis
Debt Level: 9977's net debt to equity ratio (48.6%) is considered high.
Reducing Debt: 9977's debt to equity ratio has reduced from 129% to 54.7% over the past 5 years.
Debt Coverage: 9977's debt is well covered by operating cash flow (40.2%).
Interest Coverage: 9977's interest payments on its debt are not well covered by EBIT (1.5x coverage).