Sichuan Huati Lighting TechnologyLtd Balance Sheet Health
Financial Health criteria checks 3/6
Sichuan Huati Lighting TechnologyLtd has a total shareholder equity of CN¥853.8M and total debt of CN¥216.0M, which brings its debt-to-equity ratio to 25.3%. Its total assets and total liabilities are CN¥1.4B and CN¥553.0M respectively.
Key information
25.3%
Debt to equity ratio
CN¥216.01m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥179.19m |
| Equity | CN¥853.83m |
| Total liabilities | CN¥552.95m |
| Total assets | CN¥1.41b |
Recent financial health updates
No updates
Recent updates
There's Reason For Concern Over Sichuan Huati Lighting Technology Co.,Ltd.'s (SHSE:603679) Massive 46% Price Jump
Nov 14
Unpleasant Surprises Could Be In Store For Sichuan Huati Lighting Technology Co.,Ltd.'s (SHSE:603679) Shares
Sep 30Sichuan Huati Lighting TechnologyLtd's (SHSE:603679) Profits May Not Reveal Underlying Issues
Aug 29Optimistic Investors Push Sichuan Huati Lighting Technology Co.,Ltd. (SHSE:603679) Shares Up 28% But Growth Is Lacking
Jun 27Sichuan Huati Lighting Technology Co.,Ltd.'s (SHSE:603679) 31% Share Price Plunge Could Signal Some Risk
May 02Subdued Growth No Barrier To Sichuan Huati Lighting Technology Co.,Ltd. (SHSE:603679) With Shares Advancing 43%
Mar 08Financial Position Analysis
Short Term Liabilities: 603679's short term assets (CN¥874.8M) exceed its short term liabilities (CN¥329.8M).
Long Term Liabilities: 603679's short term assets (CN¥874.8M) exceed its long term liabilities (CN¥223.2M).
Debt to Equity History and Analysis
Debt Level: 603679's net debt to equity ratio (4.3%) is considered satisfactory.
Reducing Debt: 603679's debt to equity ratio has increased from 25% to 25.3% over the past 5 years.
Debt Coverage: 603679's debt is not well covered by operating cash flow (7.7%).
Interest Coverage: Insufficient data to determine if 603679's interest payments on its debt are well covered by EBIT.