Shenzhen Investment Holdings Bay Area Development Balance Sheet Health
Financial Health criteria checks 0/6
Shenzhen Investment Holdings Bay Area Development has a total shareholder equity of CN¥7.6B and total debt of CN¥4.3B, which brings its debt-to-equity ratio to 56.9%. Its total assets and total liabilities are CN¥12.8B and CN¥5.2B respectively. Shenzhen Investment Holdings Bay Area Development's EBIT is CN¥267.7M making its interest coverage ratio 1.7. It has cash and short-term investments of CN¥1.2B.
Key information
56.9%
Debt to equity ratio
CN¥4.33b
Debt
| Interest coverage ratio | 1.7x |
| Cash | CN¥1.18b |
| Equity | CN¥7.61b |
| Total liabilities | CN¥5.20b |
| Total assets | CN¥12.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SIHB.Y's short term assets (CN¥1.4B) do not cover its short term liabilities (CN¥3.5B).
Long Term Liabilities: SIHB.Y's short term assets (CN¥1.4B) do not cover its long term liabilities (CN¥1.7B).
Debt to Equity History and Analysis
Debt Level: SIHB.Y's net debt to equity ratio (41.4%) is considered high.
Reducing Debt: SIHB.Y's debt to equity ratio has increased from 2.9% to 56.9% over the past 5 years.
Debt Coverage: SIHB.Y's debt is not well covered by operating cash flow (11.7%).
Interest Coverage: SIHB.Y's interest payments on its debt are not well covered by EBIT (1.7x coverage).