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¥680.2M and total debt of CN¥80.6M, which brings its debt-to-equity ratio to 11.8%. Its total assets and total liabilities are CN¥1.0B and CN¥352.4M respectively. Suzhou Industrial Park Heshun Electric's EBIT is CN¥12.8M making its interest coverage ratio -3.8. It has cash and short-term investments of CN¥246.1M.
Key information
11.8%
Debt to equity ratio
CN¥80.60m
Debt
Interest coverage ratio | -3.8x |
Cash | CN¥246.07m |
Equity | CN¥680.21m |
Total liabilities | CN¥352.39m |
Total assets | CN¥1.03b |
Recent financial health updates
No updates
Recent updates
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¥668.4M) exceed its short term liabilities (CN¥332.3M).
Long Term Liabilities: 300141's short term assets (CN¥668.4M) exceed its long term liabilities (CN¥20.1M).
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 32.5% to 11.8% over the past 5 years.
Debt Coverage: 300141's debt is well covered by operating cash flow (201.8%).
Interest Coverage: 300141 earns more interest than it pays, so coverage of interest payments is not a concern.