Cheerwin Group Balance Sheet Health
Financial Health criteria checks 6/6
Cheerwin Group has a total shareholder equity of CN¥3.0B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥3.5B and CN¥510.9M respectively. Cheerwin Group's EBIT is CN¥30.4M making its interest coverage ratio -0.4. It has cash and short-term investments of CN¥2.7B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -0.4x |
Cash | CN¥2.72b |
Equity | CN¥2.97b |
Total liabilities | CN¥510.86m |
Total assets | CN¥3.48b |
Recent financial health updates
No updates
Recent updates
Cheerwin Group Limited's (HKG:6601) Intrinsic Value Is Potentially 100% Above Its Share Price
Dec 31Cheerwin Group (HKG:6601) Is Increasing Its Dividend To CN¥0.0447
Sep 03Cheerwin Group's (HKG:6601) Shareholders Will Receive A Smaller Dividend Than Last Year
Jun 20Cheerwin Group's (HKG:6601) Soft Earnings Don't Show The Whole Picture
Sep 29Cheerwin Group (HKG:6601) Is Increasing Its Dividend To HK$0.068
May 12Estimating The Intrinsic Value Of Cheerwin Group Limited (HKG:6601)
Sep 13Cheerwin Group Limited's (HKG:6601) 26% Share Price Plunge Could Signal Some Risk
Jul 21Financial Position Analysis
Short Term Liabilities: 6601's short term assets (CN¥3.1B) exceed its short term liabilities (CN¥493.8M).
Long Term Liabilities: 6601's short term assets (CN¥3.1B) exceed its long term liabilities (CN¥17.1M).
Debt to Equity History and Analysis
Debt Level: 6601 is debt free.
Reducing Debt: 6601 has no debt compared to 5 years ago when its debt to equity ratio was 51.7%.
Debt Coverage: 6601 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 6601 has no debt, therefore coverage of interest payments is not a concern.