Kunshan Huguang Auto HarnessLtd Balance Sheet Health
Financial Health criteria checks 5/6
Kunshan Huguang Auto HarnessLtd has a total shareholder equity of CN¥2.0B and total debt of CN¥2.0B, which brings its debt-to-equity ratio to 103.2%. Its total assets and total liabilities are CN¥6.9B and CN¥4.9B respectively. Kunshan Huguang Auto HarnessLtd's EBIT is CN¥673.4M making its interest coverage ratio 11.2. It has cash and short-term investments of CN¥599.6M.
Key information
103.2%
Debt to equity ratio
CN¥2.02b
Debt
| Interest coverage ratio | 11.2x |
| Cash | CN¥599.56m |
| Equity | CN¥1.96b |
| Total liabilities | CN¥4.95b |
| Total assets | CN¥6.91b |
Recent financial health updates
Recent updates
Sentiment Still Eluding Kunshan Huguang Auto Harness Co.,Ltd. (SHSE:605333)
Oct 29
Is Kunshan Huguang Auto HarnessLtd (SHSE:605333) A Risky Investment?
Sep 27Kunshan Huguang Auto Harness Co.,Ltd. (SHSE:605333) Shares Could Be 31% Below Their Intrinsic Value Estimate
Jul 26Some Investors May Be Worried About Kunshan Huguang Auto HarnessLtd's (SHSE:605333) Returns On Capital
Jun 10Here's Why We Think Kunshan Huguang Auto HarnessLtd (SHSE:605333) Is Well Worth Watching
May 22Shareholders Can Be Confident That Kunshan Huguang Auto HarnessLtd's (SHSE:605333) Earnings Are High Quality
May 02Kunshan Huguang Auto Harness Co.,Ltd.'s (SHSE:605333) P/S Is Still On The Mark Following 26% Share Price Bounce
Feb 29Financial Position Analysis
Short Term Liabilities: 605333's short term assets (CN¥4.5B) exceed its short term liabilities (CN¥4.1B).
Long Term Liabilities: 605333's short term assets (CN¥4.5B) exceed its long term liabilities (CN¥826.6M).
Debt to Equity History and Analysis
Debt Level: 605333's net debt to equity ratio (72.6%) is considered high.
Reducing Debt: 605333's debt to equity ratio has reduced from 119.4% to 103.2% over the past 5 years.
Debt Coverage: 605333's debt is well covered by operating cash flow (22.1%).
Interest Coverage: 605333's interest payments on its debt are well covered by EBIT (11.2x coverage).