Harbin Air ConditioningLtd Balance Sheet Health
Financial Health criteria checks 4/6
Harbin Air ConditioningLtd has a total shareholder equity of CN¥856.7M and total debt of CN¥834.8M, which brings its debt-to-equity ratio to 97.4%. Its total assets and total liabilities are CN¥3.0B and CN¥2.2B respectively. Harbin Air ConditioningLtd's EBIT is CN¥68.7M making its interest coverage ratio 8.6. It has cash and short-term investments of CN¥255.5M.
Key information
97.4%
Debt to equity ratio
CN¥834.76m
Debt
| Interest coverage ratio | 8.6x |
| Cash | CN¥255.48m |
| Equity | CN¥856.73m |
| Total liabilities | CN¥2.15b |
| Total assets | CN¥3.01b |
Recent financial health updates
No updates
Recent updates
Harbin Air ConditioningLtd (SHSE:600202) Is Reinvesting At Lower Rates Of Return
Oct 29
Harbin Air Conditioning Co.,Ltd.'s (SHSE:600202) Popularity With Investors Under Threat As Stock Sinks 30%
Jun 06Some May Be Optimistic About Harbin Air ConditioningLtd's (SHSE:600202) Earnings
Apr 15Harbin Air Conditioning Co.,Ltd.'s (SHSE:600202) 31% Share Price Surge Not Quite Adding Up
Mar 08Financial Position Analysis
Short Term Liabilities: 600202's short term assets (CN¥2.3B) exceed its short term liabilities (CN¥2.0B).
Long Term Liabilities: 600202's short term assets (CN¥2.3B) exceed its long term liabilities (CN¥130.8M).
Debt to Equity History and Analysis
Debt Level: 600202's net debt to equity ratio (67.6%) is considered high.
Reducing Debt: 600202's debt to equity ratio has increased from 53.3% to 97.4% 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: Whilst unprofitable 600202 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 600202 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 2.3% per year.