Shanxi Huaxiang Group Balance Sheet Health
Financial Health criteria checks 5/6
Shanxi Huaxiang Group has a total shareholder equity of CN¥3.3B and total debt of CN¥1.5B, which brings its debt-to-equity ratio to 46.4%. Its total assets and total liabilities are CN¥5.9B and CN¥2.6B respectively. Shanxi Huaxiang Group's EBIT is CN¥479.2M making its interest coverage ratio 11.9. It has cash and short-term investments of CN¥1.7B.
Key information
46.4%
Debt to equity ratio
CN¥1.52b
Debt
| Interest coverage ratio | 11.9x |
| Cash | CN¥1.67b |
| Equity | CN¥3.27b |
| Total liabilities | CN¥2.60b |
| Total assets | CN¥5.86b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603112's short term assets (CN¥3.8B) exceed its short term liabilities (CN¥911.8M).
Long Term Liabilities: 603112's short term assets (CN¥3.8B) exceed its long term liabilities (CN¥1.7B).
Debt to Equity History and Analysis
Debt Level: 603112 has more cash than its total debt.
Reducing Debt: 603112's debt to equity ratio has increased from 19.6% to 46.4% over the past 5 years.
Debt Coverage: 603112's debt is well covered by operating cash flow (25.7%).
Interest Coverage: 603112's interest payments on its debt are well covered by EBIT (11.9x coverage).