Hengli Industrial Development Group Balance Sheet Health
Financial Health criteria checks 4/6
Hengli Industrial Development Group has a total shareholder equity of CN¥173.7M and total debt of CN¥35.2M, which brings its debt-to-equity ratio to 20.3%. Its total assets and total liabilities are CN¥481.5M and CN¥307.9M respectively.
Key information
20.3%
Debt to equity ratio
CN¥35.20m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥70.09m |
| Equity | CN¥173.65m |
| Total liabilities | CN¥307.88m |
| Total assets | CN¥481.53m |
Recent financial health updates
No updates
Recent updates
Getting In Cheap On Hengli Industrial Development Group Co., Ltd. (SZSE:000622) Is Unlikely
Oct 30
There's Reason For Concern Over Hengli Industrial Development Group Co., Ltd.'s (SZSE:000622) Massive 34% Price Jump
Jun 30Risks Still Elevated At These Prices As Hengli Industrial Development Group Co., Ltd. (SZSE:000622) Shares Dive 26%
May 01Financial Position Analysis
Short Term Liabilities: 000622's short term assets (CN¥296.5M) exceed its short term liabilities (CN¥247.7M).
Long Term Liabilities: 000622's short term assets (CN¥296.5M) exceed its long term liabilities (CN¥60.2M).
Debt to Equity History and Analysis
Debt Level: 000622 has more cash than its total debt.
Reducing Debt: 000622's debt to equity ratio has increased from 0% to 20.3% 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: 000622 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 000622 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.