Jiangxi Hongdu Aviation Industry Balance Sheet Health
Financial Health criteria checks 6/6
Jiangxi Hongdu Aviation Industry has a total shareholder equity of CN¥5.3B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥15.1B and CN¥9.8B respectively. Jiangxi Hongdu Aviation Industry's EBIT is CN¥296.7K making its interest coverage ratio -0. It has cash and short-term investments of CN¥897.0M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -0.03x |
| Cash | CN¥897.03m |
| Equity | CN¥5.30b |
| Total liabilities | CN¥9.83b |
| Total assets | CN¥15.14b |
Recent financial health updates
No updates
Recent updates
Jiangxi Hongdu Aviation Industry's (SHSE:600316) Weak Earnings Might Be Worse Than They Appear
Nov 05
Jiangxi Hongdu Aviation Industry Co., Ltd. (SHSE:600316) Surges 36% Yet Its Low P/S Is No Reason For Excitement
Oct 18Jiangxi Hongdu Aviation Industry Co., Ltd. (SHSE:600316) Surges 30% Yet Its Low P/S Is No Reason For Excitement
Aug 17Jiangxi Hongdu Aviation Industry's (SHSE:600316) Weak Earnings May Only Reveal A Part Of The Whole Picture
Mar 22Jiangxi Hongdu Aviation Industry Co., Ltd. (SHSE:600316) Stock Catapults 28% Though Its Price And Business Still Lag The Industry
Mar 05Financial Position Analysis
Short Term Liabilities: 600316's short term assets (CN¥13.4B) exceed its short term liabilities (CN¥9.8B).
Long Term Liabilities: 600316's short term assets (CN¥13.4B) exceed its long term liabilities (CN¥42.9M).
Debt to Equity History and Analysis
Debt Level: 600316 is debt free.
Reducing Debt: 600316 has no debt compared to 5 years ago when its debt to equity ratio was 13.5%.
Debt Coverage: 600316 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 600316 has no debt, therefore coverage of interest payments is not a concern.