Hubei Huarong HoldingLtd Balance Sheet Health
Financial Health criteria checks 4/6
Hubei Huarong HoldingLtd has a total shareholder equity of CN¥37.9M and total debt of CN¥60.7M, which brings its debt-to-equity ratio to 159.9%. Its total assets and total liabilities are CN¥151.7M and CN¥113.7M respectively.
Key information
159.9%
Debt to equity ratio
CN¥60.68m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥6.63m |
| Equity | CN¥37.95m |
| Total liabilities | CN¥113.72m |
| Total assets | CN¥151.67m |
Recent financial health updates
No updates
Recent updates
More Unpleasant Surprises Could Be In Store For Hubei Huarong Holding Co.,Ltd.'s (SHSE:600421) Shares After Tumbling 25%
Dec 16
Subdued Growth No Barrier To Hubei Huarong Holding Co.,Ltd. (SHSE:600421) With Shares Advancing 47%
Oct 24Hubei Huarong Holding Co.,Ltd. (SHSE:600421) May Have Run Too Fast Too Soon With Recent 25% Price Plummet
Jun 06Some 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¥124.9M) exceed its short term liabilities (CN¥101.8M).
Long Term Liabilities: 600421's short term assets (CN¥124.9M) exceed its long term liabilities (CN¥11.9M).
Debt to Equity History and Analysis
Debt Level: 600421's net debt to equity ratio (142.4%) is considered high.
Reducing Debt: 600421's debt to equity ratio has increased from 0% to 159.9% 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: 600421 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 600421 has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 2.2% each year
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 14:51 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Hubei Huarong Holding Co.,Ltd. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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