Hunan Corun New Energy Co., Ltd.

SHSE:600478 Stock Report

Market Cap: CN¥12.9b

Hunan Corun New Energy Balance Sheet Health

Financial Health criteria checks 1/6

Hunan Corun New Energy has a total shareholder equity of CN¥3.0B and total debt of CN¥3.7B, which brings its debt-to-equity ratio to 121.1%. Its total assets and total liabilities are CN¥10.4B and CN¥7.3B respectively. Hunan Corun New Energy's EBIT is CN¥216.6M making its interest coverage ratio 2.3. It has cash and short-term investments of CN¥2.3B.

Key information

121.09%

Debt to equity ratio

CN¥3.69b

Debt

Interest coverage ratio2.3x
CashCN¥2.27b
EquityCN¥3.05b
Total liabilitiesCN¥7.30b
Total assetsCN¥10.35b

Recent financial health updates

Does Hunan Corun New Energy (SHSE:600478) Have A Healthy Balance Sheet?

Mar 26
Does Hunan Corun New Energy (SHSE:600478) Have A Healthy Balance Sheet?

We Think Hunan Corun New Energy (SHSE:600478) Has A Fair Chunk Of Debt

Dec 13
We Think Hunan Corun New Energy (SHSE:600478) Has A Fair Chunk Of Debt

Hunan Corun New Energy (SHSE:600478) Is Making Moderate Use Of Debt

Aug 20
Hunan Corun New Energy (SHSE:600478) Is Making Moderate Use Of Debt

Recent updates

Does Hunan Corun New Energy (SHSE:600478) Have A Healthy Balance Sheet?

Mar 26
Does Hunan Corun New Energy (SHSE:600478) Have A Healthy Balance Sheet?

Hunan Corun New Energy Co., Ltd.'s (SHSE:600478) Price Is Right But Growth Is Lacking

Feb 27
Hunan Corun New Energy Co., Ltd.'s (SHSE:600478) Price Is Right But Growth Is Lacking

We Think Hunan Corun New Energy (SHSE:600478) Has A Fair Chunk Of Debt

Dec 13
We Think Hunan Corun New Energy (SHSE:600478) Has A Fair Chunk Of Debt

Optimistic Investors Push Hunan Corun New Energy Co., Ltd. (SHSE:600478) Shares Up 29% But Growth Is Lacking

Nov 11
Optimistic Investors Push Hunan Corun New Energy Co., Ltd. (SHSE:600478) Shares Up 29% But Growth Is Lacking

Getting In Cheap On Hunan Corun New Energy Co., Ltd. (SHSE:600478) Is Unlikely

Sep 27
Getting In Cheap On Hunan Corun New Energy Co., Ltd. (SHSE:600478) Is Unlikely

Hunan Corun New Energy (SHSE:600478) Is Making Moderate Use Of Debt

Aug 20
Hunan Corun New Energy (SHSE:600478) Is Making Moderate Use Of Debt

Hunan Corun New Energy Co., Ltd.'s (SHSE:600478) 25% Share Price Surge Not Quite Adding Up

May 23
Hunan Corun New Energy Co., Ltd.'s (SHSE:600478) 25% Share Price Surge Not Quite Adding Up

Beyond Lackluster Earnings: Potential Concerns For Hunan Corun New Energy's (SHSE:600478) Shareholders

May 08
Beyond Lackluster Earnings: Potential Concerns For Hunan Corun New Energy's (SHSE:600478) Shareholders

Why Investors Shouldn't Be Surprised By Hunan Corun New Energy Co., Ltd.'s (SHSE:600478) Low P/S

Mar 28
Why Investors Shouldn't Be Surprised By Hunan Corun New Energy Co., Ltd.'s (SHSE:600478) Low P/S

Financial Position Analysis

Short Term Liabilities: 600478's short term assets (CN¥4.2B) do not cover its short term liabilities (CN¥5.6B).

Long Term Liabilities: 600478's short term assets (CN¥4.2B) exceed its long term liabilities (CN¥1.7B).

Debt to Equity History and Analysis

Debt Level: 600478's net debt to equity ratio (46.6%) is considered high.

Reducing Debt: 600478's debt to equity ratio has increased from 49% to 121.1% over the past 5 years.

Debt Coverage: 600478's debt is not well covered by operating cash flow (14.8%).

Interest Coverage: 600478's interest payments on its debt are not well covered by EBIT (2.3x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/03/05 02:06
End of Day Share Price 2026/03/05 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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 Github.

Analyst Sources

Hunan Corun New Energy Co., Ltd. is covered by 3 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.

AnalystInstitution
Yao YuanEverbright Securities Co. Ltd.
Bing YuPing An Securities Co. Ltd.
Liang DongSWS Research Co., Ltd.