Shinsun Holdings (Group) Balance Sheet Health
Financial Health criteria checks 3/6
Shinsun Holdings (Group) has a total shareholder equity of CN¥14.3B and total debt of CN¥29.0B, which brings its debt-to-equity ratio to 203.5%. Its total assets and total liabilities are CN¥131.9B and CN¥117.6B respectively. Shinsun Holdings (Group)'s EBIT is CN¥716.5M making its interest coverage ratio 0.9. It has cash and short-term investments of CN¥5.9B.
Key information
203.5%
Debt to equity ratio
CN¥29.01b
Debt
Interest coverage ratio | 0.9x |
Cash | CN¥5.90b |
Equity | CN¥14.25b |
Total liabilities | CN¥117.60b |
Total assets | CN¥131.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2599's short term assets (CN¥125.7B) exceed its short term liabilities (CN¥104.5B).
Long Term Liabilities: 2599's short term assets (CN¥125.7B) exceed its long term liabilities (CN¥13.1B).
Debt to Equity History and Analysis
Debt Level: 2599's net debt to equity ratio (162.1%) is considered high.
Reducing Debt: Insufficient data to determine if 2599's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 2599's debt is well covered by operating cash flow (33.8%).
Interest Coverage: 2599's interest payments on its debt are not well covered by EBIT (0.9x coverage).