Guangdong Hongming Intelligent Balance Sheet Health
Financial Health criteria checks 6/6
Guangdong Hongming Intelligent has a total shareholder equity of CN¥855.8M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥969.1M and CN¥113.4M respectively.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥396.98m |
| Equity | CN¥855.76m |
| Total liabilities | CN¥113.36m |
| Total assets | CN¥969.11m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301105's short term assets (CN¥646.1M) exceed its short term liabilities (CN¥92.5M).
Long Term Liabilities: 301105's short term assets (CN¥646.1M) exceed its long term liabilities (CN¥20.8M).
Debt to Equity History and Analysis
Debt Level: 301105 is debt free.
Reducing Debt: 301105 has no debt compared to 5 years ago when its debt to equity ratio was 0.2%.
Debt Coverage: 301105 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 301105 has no debt, therefore coverage of interest payments is not a concern.