Hanyu Group Balance Sheet Health
Financial Health criteria checks 6/6
Hanyu Group has a total shareholder equity of CN¥2.0B and total debt of CN¥36.4M, which brings its debt-to-equity ratio to 1.8%. Its total assets and total liabilities are CN¥2.4B and CN¥407.6M respectively. Hanyu Group's EBIT is CN¥241.0M making its interest coverage ratio -4.8. It has cash and short-term investments of CN¥183.3M.
Key information
1.8%
Debt to equity ratio
CN¥36.35m
Debt
| Interest coverage ratio | -4.8x |
| Cash | CN¥183.33m |
| Equity | CN¥2.00b |
| Total liabilities | CN¥407.59m |
| Total assets | CN¥2.41b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300403's short term assets (CN¥959.1M) exceed its short term liabilities (CN¥389.8M).
Long Term Liabilities: 300403's short term assets (CN¥959.1M) exceed its long term liabilities (CN¥17.8M).
Debt to Equity History and Analysis
Debt Level: 300403 has more cash than its total debt.
Reducing Debt: 300403's debt to equity ratio has reduced from 6.9% to 1.8% over the past 5 years.
Debt Coverage: 300403's debt is well covered by operating cash flow (775.1%).
Interest Coverage: 300403 earns more interest than it pays, so coverage of interest payments is not a concern.