Suzhou Industrial Park Heshun Electric Balance Sheet Health
Financial Health criteria checks 6/6
Suzhou Industrial Park Heshun Electric has a total shareholder equity of CN¥678.0M and total debt of CN¥74.0M, which brings its debt-to-equity ratio to 10.9%. Its total assets and total liabilities are CN¥1.1B and CN¥419.3M respectively. Suzhou Industrial Park Heshun Electric's EBIT is CN¥3.1M making its interest coverage ratio -0.9. It has cash and short-term investments of CN¥362.9M.
Key information
10.9%
Debt to equity ratio
CN¥74.00m
Debt
| Interest coverage ratio | -0.9x |
| Cash | CN¥362.94m |
| Equity | CN¥678.04m |
| Total liabilities | CN¥419.30m |
| Total assets | CN¥1.10b |
Recent financial health updates
No updates
Recent updates
What Suzhou Industrial Park Heshun Electric Co., Ltd.'s (SZSE:300141) 42% Share Price Gain Is Not Telling You
Oct 08
The Strong Earnings Posted By Suzhou Industrial Park Heshun Electric (SZSE:300141) Are A Good Indication Of The Strength Of The Business
May 03Suzhou Industrial Park Heshun Electric Co., Ltd.'s (SZSE:300141) Shares Climb 39% But Its Business Is Yet to Catch Up
Mar 06Suzhou Industrial Park Heshun Electric (SZSE:300141) Will Be Hoping To Turn Its Returns On Capital Around
Feb 27Financial Position Analysis
Short Term Liabilities: 300141's short term assets (CN¥739.5M) exceed its short term liabilities (CN¥399.3M).
Long Term Liabilities: 300141's short term assets (CN¥739.5M) exceed its long term liabilities (CN¥20.0M).
Debt to Equity History and Analysis
Debt Level: 300141 has more cash than its total debt.
Reducing Debt: 300141's debt to equity ratio has reduced from 48.2% to 10.9% over the past 5 years.
Debt Coverage: 300141's debt is well covered by operating cash flow (197.8%).
Interest Coverage: 300141 earns more interest than it pays, so coverage of interest payments is not a concern.