Jiangsu Huachen Transformer Balance Sheet Health
Financial Health criteria checks 4/6
Jiangsu Huachen Transformer has a total shareholder equity of CN¥972.2M and total debt of CN¥443.3M, which brings its debt-to-equity ratio to 45.6%. Its total assets and total liabilities are CN¥1.9B and CN¥915.3M respectively. Jiangsu Huachen Transformer's EBIT is CN¥160.7M making its interest coverage ratio 30.7. It has cash and short-term investments of CN¥84.4M.
Key information
45.6%
Debt to equity ratio
CN¥443.33m
Debt
| Interest coverage ratio | 30.7x |
| Cash | CN¥84.41m |
| Equity | CN¥972.23m |
| Total liabilities | CN¥915.34m |
| Total assets | CN¥1.89b |
Recent financial health updates
No updates
Recent updates
Do Jiangsu Huachen Transformer's (SHSE:603097) Earnings Warrant Your Attention?
Sep 28
Jiangsu Huachen Transformer (SHSE:603097) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
May 01Some Investors May Be Worried About Jiangsu Huachen Transformer's (SHSE:603097) Returns On Capital
Apr 11Financial Position Analysis
Short Term Liabilities: 603097's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥876.6M).
Long Term Liabilities: 603097's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥38.7M).
Debt to Equity History and Analysis
Debt Level: 603097's net debt to equity ratio (36.9%) is considered satisfactory.
Reducing Debt: 603097's debt to equity ratio has increased from 10% to 45.6% over the past 5 years.
Debt Coverage: 603097's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 603097's interest payments on its debt are well covered by EBIT (30.7x coverage).