China Sanjiang Fine Chemicals Balance Sheet Health
Financial Health criteria checks 2/6
China Sanjiang Fine Chemicals has a total shareholder equity of CN¥4.5B and total debt of CN¥11.5B, which brings its debt-to-equity ratio to 255.7%. Its total assets and total liabilities are CN¥21.5B and CN¥17.0B respectively. China Sanjiang Fine Chemicals's EBIT is CN¥826.8M making its interest coverage ratio 3.9. It has cash and short-term investments of CN¥572.0M.
Key information
255.7%
Debt to equity ratio
CN¥11.54b
Debt
| Interest coverage ratio | 3.9x |
| Cash | CN¥572.03m |
| Equity | CN¥4.51b |
| Total liabilities | CN¥16.96b |
| Total assets | CN¥21.48b |
Recent financial health updates
Here's Why China Sanjiang Fine Chemicals (HKG:2198) Is Weighed Down By Its Debt Load
Nov 05
Is China Sanjiang Fine Chemicals (HKG:2198) Using Too Much Debt?
May 03Recent updates
Here's Why China Sanjiang Fine Chemicals (HKG:2198) Is Weighed Down By Its Debt Load
Nov 05We Think China Sanjiang Fine Chemicals' (HKG:2198) Robust Earnings Are Conservative
Sep 20China Sanjiang Fine Chemicals Company Limited's (HKG:2198) Business Is Trailing The Industry But Its Shares Aren't
Jul 14Subdued Growth No Barrier To China Sanjiang Fine Chemicals Company Limited (HKG:2198) With Shares Advancing 35%
Mar 11China Sanjiang Fine Chemicals Company Limited's (HKG:2198) Share Price Could Signal Some Risk
Jan 18China Sanjiang Fine Chemicals (HKG:2198) Shareholders Will Want The ROCE Trajectory To Continue
Jan 24If You Like EPS Growth Then Check Out China Sanjiang Fine Chemicals (HKG:2198) Before It's Too Late
Jul 05Is China Sanjiang Fine Chemicals (HKG:2198) Using Too Much Debt?
May 03When Should You Buy China Sanjiang Fine Chemicals Company Limited (HKG:2198)?
Apr 20China Sanjiang Fine Chemicals (HKG:2198) Might Have The Makings Of A Multi-Bagger
Apr 07Why Dividend Hunters Love China Sanjiang Fine Chemicals Company Limited (HKG:2198)
Mar 23Shareholders of China Sanjiang Fine Chemicals (HKG:2198) Must Be Delighted With Their 498% Total Return
Mar 05Should You Take Comfort From Insider Transactions At China Sanjiang Fine Chemicals Company Limited (HKG:2198)?
Feb 18
Why China Sanjiang Fine Chemicals Company Limited (HKG:2198) Looks Like A Quality Company
Feb 03At HK$2.54, Is China Sanjiang Fine Chemicals Company Limited (HKG:2198) Worth Looking At Closely?
Jan 13Here’s What’s Happening With Returns At China Sanjiang Fine Chemicals (HKG:2198)
Dec 25What To Know Before Buying China Sanjiang Fine Chemicals Company Limited (HKG:2198) For Its Dividend
Dec 07China Sanjiang Fine Chemicals (HKG:2198) Has Gifted Shareholders With A Fantastic 204% Total Return On Their Investment
Nov 22Financial Position Analysis
Short Term Liabilities: 2198's short term assets (CN¥7.2B) do not cover its short term liabilities (CN¥13.4B).
Long Term Liabilities: 2198's short term assets (CN¥7.2B) exceed its long term liabilities (CN¥3.6B).
Debt to Equity History and Analysis
Debt Level: 2198's net debt to equity ratio (243%) is considered high.
Reducing Debt: 2198's debt to equity ratio has increased from 99% to 255.7% over the past 5 years.
Debt Coverage: 2198's debt is not well covered by operating cash flow (3.3%).
Interest Coverage: 2198's interest payments on its debt are well covered by EBIT (3.9x coverage).