Xinji Shaxi Group Balance Sheet Health
Financial Health criteria checks 2/6
Xinji Shaxi Group has a total shareholder equity of CN¥1.3B and total debt of CN¥880.4M, which brings its debt-to-equity ratio to 65.9%. Its total assets and total liabilities are CN¥2.9B and CN¥1.6B respectively. Xinji Shaxi Group's EBIT is CN¥184.3M making its interest coverage ratio 3.2. It has cash and short-term investments of CN¥513.0M.
Key information
65.9%
Debt to equity ratio
CN¥880.44m
Debt
| Interest coverage ratio | 3.2x |
| Cash | CN¥513.01m |
| Equity | CN¥1.34b |
| Total liabilities | CN¥1.60b |
| Total assets | CN¥2.93b |
Recent financial health updates
Is Xinji Shaxi Group (HKG:3603) Using Too Much Debt?
Apr 10
Xinji Shaxi Group (HKG:3603) Has A Somewhat Strained Balance Sheet
Jun 23Here's Why Xinji Shaxi Group (HKG:3603) Has A Meaningful Debt Burden
Sep 22Xinji Shaxi Group (HKG:3603) Seems To Be Using A Lot Of Debt
Apr 28These 4 Measures Indicate That Xinji Shaxi Group (HKG:3603) Is Using Debt Extensively
Mar 29Recent updates
Is Xinji Shaxi Group (HKG:3603) Using Too Much Debt?
Apr 10Xinji Shaxi Group (HKG:3603) Has A Somewhat Strained Balance Sheet
Jun 23Here's Why Xinji Shaxi Group (HKG:3603) Has A Meaningful Debt Burden
Sep 22Xinji Shaxi Group (HKG:3603) Seems To Be Using A Lot Of Debt
Apr 28These 4 Measures Indicate That Xinji Shaxi Group (HKG:3603) Is Using Debt Extensively
Mar 29Do Institutions Own Xinji Shaxi Group Co., Ltd (HKG:3603) Shares?
Mar 04Declining Stock and Decent Financials: Is The Market Wrong About Xinji Shaxi Group Co., Ltd (HKG:3603)?
Feb 11
What Type Of Returns Would Xinji Shaxi Group's(HKG:3603) Shareholders Have Earned If They Purchased Their SharesYear Ago?
Jan 21Don't Ignore The Fact That This Insider Just Sold Some Shares In Xinji Shaxi Group Co., Ltd (HKG:3603)
Dec 31Should You Use Xinji Shaxi Group's (HKG:3603) Statutory Earnings To Analyse It?
Dec 18Could The Xinji Shaxi Group Co., Ltd (HKG:3603) Ownership Structure Tell Us Something Useful?
Nov 27Financial Position Analysis
Short Term Liabilities: 3603's short term assets (CN¥592.4M) exceed its short term liabilities (CN¥448.3M).
Long Term Liabilities: 3603's short term assets (CN¥592.4M) do not cover its long term liabilities (CN¥1.2B).
Debt to Equity History and Analysis
Debt Level: 3603's net debt to equity ratio (27.5%) is considered satisfactory.
Reducing Debt: 3603's debt to equity ratio has increased from 49.3% to 65.9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if 3603 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 3603 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.