Yincheng Life Service Balance Sheet Health
Financial Health criteria checks 6/6
Yincheng Life Service has a total shareholder equity of CN¥496.5M and total debt of CN¥72.8M, which brings its debt-to-equity ratio to 14.7%. Its total assets and total liabilities are CN¥1.5B and CN¥966.8M respectively. Yincheng Life Service's EBIT is CN¥149.0M making its interest coverage ratio 26.2. It has cash and short-term investments of CN¥459.4M.
Key information
14.7%
Debt to equity ratio
CN¥72.76m
Debt
| Interest coverage ratio | 26.2x |
| Cash | CN¥459.45m |
| Equity | CN¥496.53m |
| Total liabilities | CN¥966.83m |
| Total assets | CN¥1.46b |
Recent financial health updates
Is Yincheng Life Service (HKG:1922) A Risky Investment?
Apr 26
Yincheng Life Service (HKG:1922) Seems To Use Debt Quite Sensibly
Dec 23Does Yincheng Life Service (HKG:1922) Have A Healthy Balance Sheet?
Apr 14Recent updates
Yincheng Life Service's (HKG:1922) Solid Earnings May Rest On Weak Foundations
Oct 05Is Yincheng Life Service (HKG:1922) A Risky Investment?
Apr 26Yincheng Life Service (HKG:1922) Seems To Use Debt Quite Sensibly
Dec 23Yincheng Life Service's (HKG:1922) Shareholders Will Receive A Bigger Dividend Than Last Year
May 02Yincheng Life Service's (HKG:1922) Dividend Will Be Increased To HK$0.13
Apr 07Does Yincheng Life Service (HKG:1922) Have A Healthy Balance Sheet?
Apr 14If You Like EPS Growth Then Check Out Yincheng Life Service (HKG:1922) Before It's Too Late
Mar 30Are Investors Undervaluing Yincheng Life Service CO., Ltd. (HKG:1922) By 46%?
Mar 17Have Yincheng Life Service CO., Ltd. (HKG:1922) Insiders Been Selling Their Stock?
Feb 09
What Kind Of Investors Own Most Of Yincheng Life Service CO., Ltd. (HKG:1922)?
Jan 18Do Yincheng Life Service's (HKG:1922) Earnings Warrant Your Attention?
Dec 28Qingping Huang Is The Non-Executive Director of Yincheng Life Service CO., Ltd. (HKG:1922) And They Just Picked Up 4.2% More Shares
Dec 10Is Yincheng Life Service's (HKG:1922) 166% Share Price Increase Well Justified?
Dec 06Should We Be Delighted With Yincheng Life Service CO., Ltd.'s (HKG:1922) ROE Of 32%?
Nov 18Financial Position Analysis
Short Term Liabilities: 1922's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥918.5M).
Long Term Liabilities: 1922's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥48.4M).
Debt to Equity History and Analysis
Debt Level: 1922 has more cash than its total debt.
Reducing Debt: 1922's debt to equity ratio has reduced from 41% to 14.7% over the past 5 years.
Debt Coverage: 1922's debt is well covered by operating cash flow (126.7%).
Interest Coverage: 1922's interest payments on its debt are well covered by EBIT (26.2x coverage).