Henan Pinggao Electric Co.,Ltd.

SHSE:600312 Stock Report

Market Cap: CN¥21.9b

Henan Pinggao ElectricLtd Balance Sheet Health

Financial Health criteria checks 6/6

Henan Pinggao ElectricLtd has a total shareholder equity of CN¥10.8B and total debt of CN¥172.1M, which brings its debt-to-equity ratio to 1.6%. Its total assets and total liabilities are CN¥20.4B and CN¥9.7B respectively. Henan Pinggao ElectricLtd's EBIT is CN¥1.0B making its interest coverage ratio -12.7. It has cash and short-term investments of CN¥5.1B.

Key information

1.6%

Debt to equity ratio

CN¥172.11m

Debt

Interest coverage ratio-12.7x
CashCN¥5.07b
EquityCN¥10.76b
Total liabilitiesCN¥9.66b
Total assetsCN¥20.41b

Recent financial health updates

Recent updates

Henan Pinggao Electric Co.,Ltd.'s (SHSE:600312) Intrinsic Value Is Potentially 49% Above Its Share Price

Jun 06
Henan Pinggao Electric Co.,Ltd.'s (SHSE:600312) Intrinsic Value Is Potentially 49% Above Its Share Price

The Strong Earnings Posted By Henan Pinggao ElectricLtd (SHSE:600312) Are A Good Indication Of The Strength Of The Business

Apr 29
The Strong Earnings Posted By Henan Pinggao ElectricLtd (SHSE:600312) Are A Good Indication Of The Strength Of The Business

Henan Pinggao ElectricLtd (SHSE:600312) Is Doing The Right Things To Multiply Its Share Price

Apr 05
Henan Pinggao ElectricLtd (SHSE:600312) Is Doing The Right Things To Multiply Its Share Price

We Think Henan Pinggao ElectricLtd (SHSE:600312) Can Manage Its Debt With Ease

Mar 19
We Think Henan Pinggao ElectricLtd (SHSE:600312) Can Manage Its Debt With Ease

Financial Position Analysis

Short Term Liabilities: 600312's short term assets (CN¥14.9B) exceed its short term liabilities (CN¥9.5B).

Long Term Liabilities: 600312's short term assets (CN¥14.9B) exceed its long term liabilities (CN¥157.4M).


Debt to Equity History and Analysis

Debt Level: 600312 has more cash than its total debt.

Reducing Debt: 600312's debt to equity ratio has reduced from 39.2% to 1.6% over the past 5 years.

Debt Coverage: 600312's debt is well covered by operating cash flow (1485.2%).

Interest Coverage: 600312 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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