Jiangsu Huahong Technology Balance Sheet Health
Financial Health criteria checks 3/6
Jiangsu Huahong Technology has a total shareholder equity of CN¥3.8B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 29.1%. Its total assets and total liabilities are CN¥6.2B and CN¥2.4B respectively.
Key information
29.1%
Debt to equity ratio
CN¥1.12b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥744.33m |
| Equity | CN¥3.83b |
| Total liabilities | CN¥2.38b |
| Total assets | CN¥6.21b |
Recent financial health updates
Recent updates
Investors Don't See Light At End Of Jiangsu Huahong Technology Co., Ltd.'s (SZSE:002645) Tunnel
Sep 30
Jiangsu Huahong Technology's (SZSE:002645) Profits May Not Reveal Underlying Issues
Sep 03Benign Growth For Jiangsu Huahong Technology Co., Ltd. (SZSE:002645) Underpins Stock's 29% Plummet
Jun 06Would Jiangsu Huahong Technology (SZSE:002645) Be Better Off With Less Debt?
May 23Jiangsu Huahong Technology Co., Ltd. (SZSE:002645) Soars 35% But It's A Story Of Risk Vs Reward
Apr 14Cautious Investors Not Rewarding Jiangsu Huahong Technology Co., Ltd.'s (SZSE:002645) Performance Completely
Feb 28Financial Position Analysis
Short Term Liabilities: 002645's short term assets (CN¥3.7B) exceed its short term liabilities (CN¥1.7B).
Long Term Liabilities: 002645's short term assets (CN¥3.7B) exceed its long term liabilities (CN¥708.2M).
Debt to Equity History and Analysis
Debt Level: 002645's net debt to equity ratio (9.7%) is considered satisfactory.
Reducing Debt: 002645's debt to equity ratio has increased from 0.8% to 29.1% over the past 5 years.
Debt Coverage: 002645's debt is not well covered by operating cash flow (13%).
Interest Coverage: Insufficient data to determine if 002645's interest payments on its debt are well covered by EBIT.