Jiangsu Hongdou IndustrialLTD Balance Sheet Health
Financial Health criteria checks 4/6
Jiangsu Hongdou IndustrialLTD has a total shareholder equity of CN¥2.9B and total debt of CN¥754.5M, which brings its debt-to-equity ratio to 26.1%. Its total assets and total liabilities are CN¥4.6B and CN¥1.7B respectively.
Key information
26.1%
Debt to equity ratio
CN¥754.52m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.10b |
| Equity | CN¥2.89b |
| Total liabilities | CN¥1.73b |
| Total assets | CN¥4.62b |
Recent financial health updates
Recent updates
Jiangsu Hongdou Industrial Co.,LTD (SHSE:600400) Stocks Shoot Up 27% But Its P/S Still Looks Reasonable
Nov 17
Is Jiangsu Hongdou IndustrialLTD (SHSE:600400) Using Debt Sensibly?
Oct 03Concerns Surrounding Jiangsu Hongdou IndustrialLTD's (SHSE:600400) Performance
May 03Jiangsu Hongdou Industrial Co.,LTD's (SHSE:600400) Earnings Haven't Escaped The Attention Of Investors
Apr 01Financial Position Analysis
Short Term Liabilities: 600400's short term assets (CN¥2.3B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 600400's short term assets (CN¥2.3B) exceed its long term liabilities (CN¥286.2M).
Debt to Equity History and Analysis
Debt Level: 600400 has more cash than its total debt.
Reducing Debt: 600400's debt to equity ratio has increased from 14% to 26.1% over the past 5 years.
Debt Coverage: 600400's debt is well covered by operating cash flow (23.2%).
Interest Coverage: Insufficient data to determine if 600400's interest payments on its debt are well covered by EBIT.