Hongrun Construction Group Balance Sheet Health
Financial Health criteria checks 5/6
Hongrun Construction Group has a total shareholder equity of CN¥4.7B and total debt of CN¥2.7B, which brings its debt-to-equity ratio to 57.7%. Its total assets and total liabilities are CN¥14.8B and CN¥10.1B respectively. Hongrun Construction Group's EBIT is CN¥476.3M making its interest coverage ratio -24.9. It has cash and short-term investments of CN¥2.6B.
Key information
57.7%
Debt to equity ratio
CN¥2.72b
Debt
| Interest coverage ratio | -24.9x |
| Cash | CN¥2.58b |
| Equity | CN¥4.71b |
| Total liabilities | CN¥10.09b |
| Total assets | CN¥14.81b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002062's short term assets (CN¥10.9B) exceed its short term liabilities (CN¥8.8B).
Long Term Liabilities: 002062's short term assets (CN¥10.9B) exceed its long term liabilities (CN¥1.3B).
Debt to Equity History and Analysis
Debt Level: 002062's net debt to equity ratio (2.9%) is considered satisfactory.
Reducing Debt: 002062's debt to equity ratio has reduced from 143.2% to 57.7% over the past 5 years.
Debt Coverage: 002062's debt is not well covered by operating cash flow (5.9%).
Interest Coverage: 002062 earns more interest than it pays, so coverage of interest payments is not a concern.