HAXC Holdings (Beijing) Balance Sheet Health
Financial Health criteria checks 3/6
HAXC Holdings (Beijing) has a total shareholder equity of CN¥1.2B and total debt of CN¥10.0M, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are CN¥1.3B and CN¥110.0M respectively.
Key information
0.8%
Debt to equity ratio
CN¥10.00m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥231.05m |
| Equity | CN¥1.20b |
| Total liabilities | CN¥110.04m |
| Total assets | CN¥1.31b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300928's short term assets (CN¥753.9M) exceed its short term liabilities (CN¥75.7M).
Long Term Liabilities: 300928's short term assets (CN¥753.9M) exceed its long term liabilities (CN¥34.4M).
Debt to Equity History and Analysis
Debt Level: 300928 has more cash than its total debt.
Reducing Debt: 300928's debt to equity ratio has increased from 0% to 0.8% over the past 5 years.
Debt Coverage: 300928's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 300928's interest payments on its debt are well covered by EBIT.