Huadian Heavy Industries Balance Sheet Health
Financial Health criteria checks 6/6
Huadian Heavy Industries has a total shareholder equity of CN¥4.4B and total debt of CN¥26.0M, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are CN¥11.0B and CN¥6.6B respectively. Huadian Heavy Industries's EBIT is CN¥136.5M making its interest coverage ratio 42. It has cash and short-term investments of CN¥1.8B.
Key information
0.6%
Debt to equity ratio
CN¥26.00m
Debt
| Interest coverage ratio | 42x |
| Cash | CN¥1.79b |
| Equity | CN¥4.45b |
| Total liabilities | CN¥6.55b |
| Total assets | CN¥11.00b |
Recent financial health updates
These 4 Measures Indicate That Huadian Heavy Industries (SHSE:601226) Is Using Debt Reasonably Well
Jan 09
Huadian Heavy Industries (SHSE:601226) Has A Pretty Healthy Balance Sheet
Sep 26Huadian Heavy Industries (SHSE:601226) Has A Pretty Healthy Balance Sheet
May 24Recent updates
These 4 Measures Indicate That Huadian Heavy Industries (SHSE:601226) Is Using Debt Reasonably Well
Jan 09Huadian Heavy Industries Co., Ltd. (SHSE:601226) Looks Just Right With A 25% Price Jump
Nov 21We Think You Can Look Beyond Huadian Heavy Industries' (SHSE:601226) Lackluster Earnings
Nov 04Huadian Heavy Industries (SHSE:601226) May Have Issues Allocating Its Capital
Oct 23Huadian Heavy Industries (SHSE:601226) Has A Pretty Healthy Balance Sheet
Sep 26Huadian Heavy Industries' (SHSE:601226) Shareholders Will Receive A Smaller Dividend Than Last Year
Jul 12The Price Is Right For Huadian Heavy Industries Co., Ltd. (SHSE:601226)
Jun 24Huadian Heavy Industries (SHSE:601226) Has A Pretty Healthy Balance Sheet
May 24Huadian Heavy Industries' (SHSE:601226) Shareholders Have More To Worry About Than Only Soft Earnings
May 02Huadian Heavy Industries Co., Ltd. (SHSE:601226) Screens Well But There Might Be A Catch
Mar 21Financial Position Analysis
Short Term Liabilities: 601226's short term assets (CN¥8.2B) exceed its short term liabilities (CN¥6.5B).
Long Term Liabilities: 601226's short term assets (CN¥8.2B) exceed its long term liabilities (CN¥36.5M).
Debt to Equity History and Analysis
Debt Level: 601226 has more cash than its total debt.
Reducing Debt: 601226's debt to equity ratio has reduced from 12.8% to 0.6% over the past 5 years.
Debt Coverage: 601226's debt is well covered by operating cash flow (2131.3%).
Interest Coverage: 601226's interest payments on its debt are well covered by EBIT (42x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/20 12:24 |
| End of Day Share Price | 2025/01/20 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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
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 .
Analyst Sources
Huadian Heavy Industries Co., Ltd. is covered by 4 analysts. 3 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 |
|---|---|
| Guopeng Gu | Citic Securities Co., Ltd. |
| Weiqi Wang | Guosen Securities Co., Ltd. |
| Jie Wu | Haitong International Research Limited |