Bingshan Refrigeration & Heat Transfer Technologies Balance Sheet Health
Financial Health criteria checks 4/6
Bingshan Refrigeration & Heat Transfer Technologies has a total shareholder equity of CN¥3.2B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 33.2%. Its total assets and total liabilities are CN¥7.7B and CN¥4.5B respectively. Bingshan Refrigeration & Heat Transfer Technologies's EBIT is CN¥88.7M making its interest coverage ratio 13.4. It has cash and short-term investments of CN¥747.2M.
Key information
33.2%
Debt to equity ratio
CN¥1.05b
Debt
| Interest coverage ratio | 13.4x |
| Cash | CN¥747.22m |
| Equity | CN¥3.17b |
| Total liabilities | CN¥4.51b |
| Total assets | CN¥7.69b |
Recent financial health updates
No updates
Recent updates
Bingshan Refrigeration & Heat Transfer Technologies Co., Ltd.'s (SZSE:000530) 41% Jump Shows Its Popularity With Investors
Nov 08
Weak Statutory Earnings May Not Tell The Whole Story For Bingshan Refrigeration & Heat Transfer Technologies (SZSE:000530)
Nov 04Why Bingshan Refrigeration & Heat Transfer Technologies' (SZSE:000530) Shaky Earnings Are Just The Beginning Of Its Problems
May 06The Market Lifts Bingshan Refrigeration & Heat Transfer Technologies Co., Ltd. (SZSE:000530) Shares 33% But It Can Do More
Mar 08Financial Position Analysis
Short Term Liabilities: 000530's short term assets (CN¥4.9B) exceed its short term liabilities (CN¥3.7B).
Long Term Liabilities: 000530's short term assets (CN¥4.9B) exceed its long term liabilities (CN¥786.4M).
Debt to Equity History and Analysis
Debt Level: 000530's net debt to equity ratio (9.7%) is considered satisfactory.
Reducing Debt: 000530's debt to equity ratio has increased from 15.3% to 33.2% over the past 5 years.
Debt Coverage: 000530's debt is not well covered by operating cash flow (9.2%).
Interest Coverage: 000530's interest payments on its debt are well covered by EBIT (13.4x coverage).