Hefei Metalforming Intelligent Manufacturing Balance Sheet Health
Financial Health criteria checks 4/6
Hefei Metalforming Intelligent Manufacturing has a total shareholder equity of CN¥2.2B and total debt of CN¥482.8M, which brings its debt-to-equity ratio to 21.6%. Its total assets and total liabilities are CN¥4.3B and CN¥2.1B respectively.
Key information
21.6%
Debt to equity ratio
CN¥482.76m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥572.76m |
| Equity | CN¥2.23b |
| Total liabilities | CN¥2.10b |
| Total assets | CN¥4.33b |
Recent financial health updates
Recent updates
Is Hefei Metalforming Intelligent Manufacturing (SHSE:603011) A Risky Investment?
Oct 23
Fewer Investors Than Expected Jumping On Hefei Metalforming Intelligent Manufacturing Co., Ltd. (SHSE:603011)
Sep 30Market Cool On Hefei Metalforming Intelligent Manufacturing Co., Ltd.'s (SHSE:603011) Revenues Pushing Shares 25% Lower
Jun 06Hefei Metalforming Intelligent Manufacturing (SHSE:603011) Is Looking To Continue Growing Its Returns On Capital
May 23A Piece Of The Puzzle Missing From Hefei Metalforming Intelligent Manufacturing Co., Ltd.'s (SHSE:603011) 26% Share Price Climb
Feb 26Financial Position Analysis
Short Term Liabilities: 603011's short term assets (CN¥3.0B) exceed its short term liabilities (CN¥2.0B).
Long Term Liabilities: 603011's short term assets (CN¥3.0B) exceed its long term liabilities (CN¥95.1M).
Debt to Equity History and Analysis
Debt Level: 603011 has more cash than its total debt.
Reducing Debt: 603011's debt to equity ratio has increased from 12.4% to 21.6% over the past 5 years.
Debt Coverage: 603011's debt is well covered by operating cash flow (66.6%).
Interest Coverage: Insufficient data to determine if 603011's interest payments on its debt are well covered by EBIT.