China Sanjiang Fine Chemicals Balance Sheet Health
Financial Health criteria checks 1/6
China Sanjiang Fine Chemicals has a total shareholder equity of CN¥4.4B and total debt of CN¥10.2B, which brings its debt-to-equity ratio to 233.6%. Its total assets and total liabilities are CN¥21.0B and CN¥16.6B respectively.
Key information
233.6%
Debt to equity ratio
CN¥10.19b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥616.40m |
| Equity | CN¥4.36b |
| Total liabilities | CN¥16.64b |
| Total assets | CN¥21.00b |
Recent financial health updates
Recent updates
Subdued Growth No Barrier To China Sanjiang Fine Chemicals Company Limited (HKG:2198) With Shares Advancing 35%
Mar 11
China 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¥6.3B) do not cover its short term liabilities (CN¥12.4B).
Long Term Liabilities: 2198's short term assets (CN¥6.3B) exceed its long term liabilities (CN¥4.2B).
Debt to Equity History and Analysis
Debt Level: 2198's net debt to equity ratio (219.5%) is considered high.
Reducing Debt: 2198's debt to equity ratio has increased from 85.1% to 233.6% over the past 5 years.
Debt Coverage: 2198's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 2198's interest payments on its debt are well covered by EBIT.