Dalian Haosen Intelligent Manufacturing Balance Sheet Health
Financial Health criteria checks 3/6
Dalian Haosen Intelligent Manufacturing has a total shareholder equity of CN¥2.1B and total debt of CN¥2.2B, which brings its debt-to-equity ratio to 103.4%. Its total assets and total liabilities are CN¥6.1B and CN¥4.0B respectively. Dalian Haosen Intelligent Manufacturing's EBIT is CN¥27.6M making its interest coverage ratio 0.5. It has cash and short-term investments of CN¥457.4M.
Key information
103.4%
Debt to equity ratio
CN¥2.19b
Debt
| Interest coverage ratio | 0.5x |
| Cash | CN¥457.39m |
| Equity | CN¥2.12b |
| Total liabilities | CN¥3.98b |
| Total assets | CN¥6.10b |
Recent financial health updates
No updates
Recent updates
Market Might Still Lack Some Conviction On Dalian Haosen Intelligent Manufacturing Co., Ltd. (SHSE:688529) Even After 27% Share Price Boost
Sep 30
Dalian Haosen Equipment Manufacturing's (SHSE:688529) Weak Earnings Might Be Worse Than They Appear
May 06Dalian Haosen Equipment Manufacturing Co., Ltd. (SHSE:688529) Looks Just Right With A 35% Price Jump
Mar 06Financial Position Analysis
Short Term Liabilities: 688529's short term assets (CN¥4.8B) exceed its short term liabilities (CN¥3.2B).
Long Term Liabilities: 688529's short term assets (CN¥4.8B) exceed its long term liabilities (CN¥822.3M).
Debt to Equity History and Analysis
Debt Level: 688529's net debt to equity ratio (81.9%) is considered high.
Reducing Debt: 688529's debt to equity ratio has reduced from 215.1% to 103.4% over the past 5 years.
Debt Coverage: 688529's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 688529's interest payments on its debt are not well covered by EBIT (0.5x coverage).