Hongrun Construction Group Balance Sheet Health
Financial Health criteria checks 5/6
Hongrun Construction Group has a total shareholder equity of CN¥4.7B and total debt of CN¥2.7B, which brings its debt-to-equity ratio to 56.7%. Its total assets and total liabilities are CN¥14.8B and CN¥10.1B respectively. Hongrun Construction Group's EBIT is CN¥512.1M making its interest coverage ratio -74.8. It has cash and short-term investments of CN¥2.6B.
Key information
56.7%
Debt to equity ratio
CN¥2.65b
Debt
| Interest coverage ratio | -74.8x |
| Cash | CN¥2.62b |
| Equity | CN¥4.67b |
| Total liabilities | CN¥10.14b |
| Total assets | CN¥14.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002062's short term assets (CN¥11.0B) exceed its short term liabilities (CN¥8.7B).
Long Term Liabilities: 002062's short term assets (CN¥11.0B) exceed its long term liabilities (CN¥1.4B).
Debt to Equity History and Analysis
Debt Level: 002062's net debt to equity ratio (0.7%) is considered satisfactory.
Reducing Debt: 002062's debt to equity ratio has reduced from 150.6% to 56.7% over the past 5 years.
Debt Coverage: 002062's debt is not well covered by operating cash flow (9.7%).
Interest Coverage: 002062 earns more interest than it pays, so coverage of interest payments is not a concern.