Finework (Hu Nan) New Energy Technology Balance Sheet Health
Financial Health criteria checks 3/6
Finework (Hu Nan) New Energy Technology has a total shareholder equity of CN¥1.5B and total debt of CN¥834.4M, which brings its debt-to-equity ratio to 57%. Its total assets and total liabilities are CN¥3.3B and CN¥1.8B respectively.
Key information
57.0%
Debt to equity ratio
CN¥834.44m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥636.75m |
| Equity | CN¥1.46b |
| Total liabilities | CN¥1.79b |
| Total assets | CN¥3.25b |
Recent financial health updates
No updates
Recent updates
Finework (Hu Nan) New Energy Technology Co., Ltd's (SZSE:301232) Share Price Boosted 40% But Its Business Prospects Need A Lift Too
Oct 21
Benign Growth For Finework (Hu Nan) New Energy Technology Co., Ltd (SZSE:301232) Underpins Stock's 31% Plummet
Sep 05Be Wary Of Finework (Hu Nan) New Energy Technology (SZSE:301232) And Its Returns On Capital
Jul 30Investors Don't See Light At End Of Finework (Hu Nan) New Energy Technology Co., Ltd's (SZSE:301232) Tunnel
Jul 03There May Be Some Bright Spots In Finework (Hu Nan) New Energy Technology's (SZSE:301232) Earnings
May 02Finework (Hu Nan) New Energy Technology Co., Ltd's (SZSE:301232) 26% Dip In Price Shows Sentiment Is Matching Revenues
Apr 29Finework (Hu Nan) New Energy Technology Co., Ltd (SZSE:301232) Shares Fly 32% But Investors Aren't Buying For Growth
Mar 07Financial Position Analysis
Short Term Liabilities: 301232's short term assets (CN¥2.5B) exceed its short term liabilities (CN¥1.3B).
Long Term Liabilities: 301232's short term assets (CN¥2.5B) exceed its long term liabilities (CN¥485.0M).
Debt to Equity History and Analysis
Debt Level: 301232's net debt to equity ratio (13.5%) is considered satisfactory.
Reducing Debt: 301232's debt to equity ratio has increased from 37.7% to 57% over the past 5 years.
Debt Coverage: 301232's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 301232's interest payments on its debt are well covered by EBIT.