Alibaba Pictures Group Limited

SZSC:1060 Stock Report

Market Cap: HK$12.8b

Alibaba Pictures Group Balance Sheet Health

Financial Health criteria checks 6/6

Alibaba Pictures Group has a total shareholder equity of CN¥16.2B and total debt of CN¥387.7M, which brings its debt-to-equity ratio to 2.4%. Its total assets and total liabilities are CN¥23.1B and CN¥6.9B respectively. Alibaba Pictures Group's EBIT is CN¥799.2M making its interest coverage ratio -3. It has cash and short-term investments of CN¥4.0B.

Key information

2.4%

Debt to equity ratio

CN¥387.71m

Debt

Interest coverage ratio-3x
CashCN¥3.99b
EquityCN¥16.15b
Total liabilitiesCN¥6.91b
Total assetsCN¥23.06b

Recent financial health updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 1060's short term assets (CN¥11.6B) exceed its short term liabilities (CN¥6.8B).

Long Term Liabilities: 1060's short term assets (CN¥11.6B) exceed its long term liabilities (CN¥108.0M).


Debt to Equity History and Analysis

Debt Level: 1060 has more cash than its total debt.

Reducing Debt: 1060's debt to equity ratio has reduced from 5.1% to 2.4% over the past 5 years.

Debt Coverage: 1060's debt is well covered by operating cash flow (212.1%).

Interest Coverage: 1060 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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