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.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 13:53 |
| End of Day Share Price | 2024/12/24 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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| 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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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
Hongrun Construction Group Co., Ltd. is covered by 4 analysts. 0 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 |
|---|---|
| Chao Fan | Changjiang Securities Co. LTD. |
| Hongbao Zhang | China Merchants Securities Co. Ltd. |
| Haowu Chen | Everbright Securities Co. Ltd. |