Huachangda Intelligent Equipment GroupLtd Balance Sheet Health
Financial Health criteria checks 5/6
Huachangda Intelligent Equipment GroupLtd has a total shareholder equity of CN¥1.8B and total debt of CN¥58.5M, which brings its debt-to-equity ratio to 3.3%. Its total assets and total liabilities are CN¥3.0B and CN¥1.3B respectively. Huachangda Intelligent Equipment GroupLtd's EBIT is CN¥57.7M making its interest coverage ratio -3.6. It has cash and short-term investments of CN¥555.8M.
Key information
3.3%
Debt to equity ratio
CN¥58.45m
Debt
| Interest coverage ratio | -3.6x |
| Cash | CN¥555.78m |
| Equity | CN¥1.75b |
| Total liabilities | CN¥1.28b |
| Total assets | CN¥3.03b |
Recent financial health updates
Recent updates
Huachangda Intelligent Equipment GroupLtd's (SZSE:300278) Anemic Earnings Might Be Worse Than You Think
Apr 26
What Huachangda Intelligent Equipment Group Co.,Ltd.'s (SZSE:300278) 30% Share Price Gain Is Not Telling You
Mar 04Is Huachangda Intelligent Equipment GroupLtd (SZSE:300278) A Risky Investment?
Feb 27Financial Position Analysis
Short Term Liabilities: 300278's short term assets (CN¥2.2B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 300278's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥44.8M).
Debt to Equity History and Analysis
Debt Level: 300278 has more cash than its total debt.
Reducing Debt: 300278's debt to equity ratio has reduced from 67.3% to 3.3% over the past 5 years.
Debt Coverage: 300278's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 300278 earns more interest than it pays, so coverage of interest payments is not a concern.