NINGBO HENGSHUAI Balance Sheet Health
Financial Health criteria checks 6/6
NINGBO HENGSHUAI has a total shareholder equity of CN¥1.2B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.4B and CN¥288.5M respectively. NINGBO HENGSHUAI's EBIT is CN¥237.6M making its interest coverage ratio -16.7. It has cash and short-term investments of CN¥595.0M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -16.7x |
| Cash | CN¥595.02m |
| Equity | CN¥1.16b |
| Total liabilities | CN¥288.52m |
| Total assets | CN¥1.45b |
Recent financial health updates
No updates
Recent updates
Is There An Opportunity With NINGBO HENGSHUAI Co., LTD.'s (SZSE:300969) 28% Undervaluation?
Jul 12
What Does NINGBO HENGSHUAI Co., LTD.'s (SZSE:300969) Share Price Indicate?
Jun 09NINGBO HENGSHUAI (SZSE:300969) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
May 03Is Now The Time To Put NINGBO HENGSHUAI (SZSE:300969) On Your Watchlist?
Apr 25NINGBO HENGSHUAI Co., LTD.'s (SZSE:300969) Intrinsic Value Is Potentially 52% Above Its Share Price
Apr 09Financial Position Analysis
Short Term Liabilities: 300969's short term assets (CN¥971.3M) exceed its short term liabilities (CN¥256.8M).
Long Term Liabilities: 300969's short term assets (CN¥971.3M) exceed its long term liabilities (CN¥31.7M).
Debt to Equity History and Analysis
Debt Level: 300969 is debt free.
Reducing Debt: 300969 has no debt compared to 5 years ago when its debt to equity ratio was 7.5%.
Debt Coverage: 300969 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 300969 has no debt, therefore coverage of interest payments is not a concern.