Weihai Huadong Automation Balance Sheet Health
Financial Health criteria checks 3/6
Weihai Huadong Automation has a total shareholder equity of CN¥86.6M and total debt of CN¥140.0M, which brings its debt-to-equity ratio to 161.7%. Its total assets and total liabilities are CN¥543.3M and CN¥456.8M respectively. Weihai Huadong Automation's EBIT is CN¥7.9M making its interest coverage ratio 1.3. It has cash and short-term investments of CN¥68.3M.
Key information
161.7%
Debt to equity ratio
CN¥140.00m
Debt
| Interest coverage ratio | 1.3x |
| Cash | CN¥68.26m |
| Equity | CN¥86.57m |
| Total liabilities | CN¥456.76m |
| Total assets | CN¥543.33m |
Recent financial health updates
No updates
Recent updates
Risks To Shareholder Returns Are Elevated At These Prices For Weihai Huadong Automation Co., Ltd (SZSE:002248)
Aug 28
Returns On Capital Are Showing Encouraging Signs At Weihai Huadong Automation (SZSE:002248)
Jul 19Weihai Huadong Automation (SZSE:002248) Is Looking To Continue Growing Its Returns On Capital
Apr 12There's Reason For Concern Over Weihai Huadong Automation Co., Ltd's (SZSE:002248) Massive 34% Price Jump
Mar 01Financial Position Analysis
Short Term Liabilities: 002248's short term assets (CN¥425.4M) exceed its short term liabilities (CN¥397.5M).
Long Term Liabilities: 002248's short term assets (CN¥425.4M) exceed its long term liabilities (CN¥59.2M).
Debt to Equity History and Analysis
Debt Level: 002248's net debt to equity ratio (82.9%) is considered high.
Reducing Debt: 002248's debt to equity ratio has increased from 61.5% to 161.7% over the past 5 years.
Debt Coverage: 002248's debt is well covered by operating cash flow (22.7%).
Interest Coverage: 002248's interest payments on its debt are not well covered by EBIT (1.3x coverage).