Hubei Huarong HoldingLtd Balance Sheet Health
Financial Health criteria checks 2/6
Hubei Huarong HoldingLtd has a total shareholder equity of CN¥39.8M and total debt of CN¥65.2M, which brings its debt-to-equity ratio to 163.9%. Its total assets and total liabilities are CN¥149.0M and CN¥109.2M respectively.
Key information
163.9%
Debt to equity ratio
CN¥65.23m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥2.86m |
| Equity | CN¥39.81m |
| Total liabilities | CN¥109.19m |
| Total assets | CN¥148.99m |
Recent financial health updates
No updates
Recent updates
Hubei Huarong Holding Co.,Ltd. (SHSE:600421) May Have Run Too Fast Too Soon With Recent 25% Price Plummet
Jun 06
Some Hubei Huarong Holding Co.,Ltd. (SHSE:600421) Shareholders Look For Exit As Shares Take 30% Pounding
Apr 17Hubei Huarong Holding Co.,Ltd.'s (SHSE:600421) 27% Share Price Plunge Could Signal Some Risk
Feb 27Financial Position Analysis
Short Term Liabilities: 600421's short term assets (CN¥134.9M) exceed its short term liabilities (CN¥104.4M).
Long Term Liabilities: 600421's short term assets (CN¥134.9M) exceed its long term liabilities (CN¥4.7M).
Debt to Equity History and Analysis
Debt Level: 600421's net debt to equity ratio (156.7%) is considered high.
Reducing Debt: 600421's debt to equity ratio has increased from 0% to 163.9% over the past 5 years.
Debt Coverage: 600421's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 600421's interest payments on its debt are well covered by EBIT.