Changhong Huayi Compressor Balance Sheet Health
Financial Health criteria checks 6/6
Changhong Huayi Compressor has a total shareholder equity of CN¥5.3B and total debt of CN¥1.3B, which brings its debt-to-equity ratio to 25.1%. Its total assets and total liabilities are CN¥14.3B and CN¥9.0B respectively. Changhong Huayi Compressor's EBIT is CN¥560.1M making its interest coverage ratio -3.7. It has cash and short-term investments of CN¥5.3B.
Key information
25.1%
Debt to equity ratio
CN¥1.33b
Debt
| Interest coverage ratio | -3.7x |
| Cash | CN¥5.33b |
| Equity | CN¥5.28b |
| Total liabilities | CN¥8.99b |
| Total assets | CN¥14.27b |
Recent financial health updates
Recent updates
The Return Trends At Changhong Huayi Compressor (SZSE:000404) Look Promising
Sep 24
Changhong Huayi Compressor (SZSE:000404) Has Announced That It Will Be Increasing Its Dividend To CN¥0.25
Jun 20Changhong Huayi Compressor (SZSE:000404) Is Looking To Continue Growing Its Returns On Capital
Jun 07Does Changhong Huayi Compressor (SZSE:000404) Have A Healthy Balance Sheet?
Mar 04Changhong Huayi Compressor Co., Ltd. (SZSE:000404) Surges 31% Yet Its Low P/E Is No Reason For Excitement
Mar 04Financial Position Analysis
Short Term Liabilities: 000404's short term assets (CN¥10.5B) exceed its short term liabilities (CN¥8.6B).
Long Term Liabilities: 000404's short term assets (CN¥10.5B) exceed its long term liabilities (CN¥378.9M).
Debt to Equity History and Analysis
Debt Level: 000404 has more cash than its total debt.
Reducing Debt: 000404's debt to equity ratio has reduced from 41.9% to 25.1% over the past 5 years.
Debt Coverage: 000404's debt is well covered by operating cash flow (92.4%).
Interest Coverage: 000404 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 08:27 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Changhong Huayi Compressor Co., Ltd. is covered by 10 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Chun Xu | Changjiang Securities Co. LTD. |
| Jian Jun Zou | Chasing Securities |
| Min Ji | Citic Securities Co., Ltd. |