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¥35.0M, which brings its debt-to-equity ratio to 2%. Its total assets and total liabilities are CN¥2.8B and CN¥1.0B respectively. Huachangda Intelligent Equipment GroupLtd's EBIT is CN¥54.1M making its interest coverage ratio -4.3. It has cash and short-term investments of CN¥217.8M.
Key information
2.0%
Debt to equity ratio
CN¥35.00m
Debt
| Interest coverage ratio | -4.3x |
| Cash | CN¥217.80m |
| Equity | CN¥1.79b |
| Total liabilities | CN¥1.03b |
| Total assets | CN¥2.82b |
Recent financial health updates
Here's Why Huachangda Intelligent Equipment GroupLtd (SZSE:300278) Has A Meaningful Debt Burden
Oct 27
Is Huachangda Intelligent Equipment GroupLtd (SZSE:300278) A Risky Investment?
Feb 27Recent updates
Here's Why Huachangda Intelligent Equipment GroupLtd (SZSE:300278) Has A Meaningful Debt Burden
Oct 27Huachangda Intelligent Equipment Group Co.,Ltd.'s (SZSE:300278) 48% Share Price Surge Not Quite Adding Up
Oct 08There's Been No Shortage Of Growth Recently For Huachangda Intelligent Equipment GroupLtd's (SZSE:300278) Returns On Capital
Sep 30Pinning Down Huachangda Intelligent Equipment Group Co.,Ltd.'s (SZSE:300278) P/E Is Difficult Right Now
Jun 07Huachangda Intelligent Equipment GroupLtd's (SZSE:300278) Anemic Earnings Might Be Worse Than You Think
Apr 26What 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¥2.0B) exceed its short term liabilities (CN¥1.0B).
Long Term Liabilities: 300278's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥15.2M).
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 102.6% to 2% 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.