Henan Senyuan Electric Balance Sheet Health
Financial Health criteria checks 2/6
Henan Senyuan Electric has a total shareholder equity of CN¥3.3B and total debt of CN¥2.1B, which brings its debt-to-equity ratio to 65.2%. Its total assets and total liabilities are CN¥6.5B and CN¥3.3B respectively. Henan Senyuan Electric's EBIT is CN¥257.3M making its interest coverage ratio 2.3. It has cash and short-term investments of CN¥34.3M.
Key information
65.2%
Debt to equity ratio
CN¥2.14b
Debt
| Interest coverage ratio | 2.3x |
| Cash | CN¥34.33m |
| Equity | CN¥3.28b |
| Total liabilities | CN¥3.26b |
| Total assets | CN¥6.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002358's short term assets (CN¥4.3B) exceed its short term liabilities (CN¥3.2B).
Long Term Liabilities: 002358's short term assets (CN¥4.3B) exceed its long term liabilities (CN¥45.4M).
Debt to Equity History and Analysis
Debt Level: 002358's net debt to equity ratio (64.2%) is considered high.
Reducing Debt: 002358's debt to equity ratio has increased from 47.1% to 65.2% over the past 5 years.
Debt Coverage: 002358's debt is not well covered by operating cash flow (7%).
Interest Coverage: 002358's interest payments on its debt are not well covered by EBIT (2.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 12:53 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Henan Senyuan Electric Co., Ltd. is covered by 12 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Hai Dong Wang | China Merchants Securities Co. Ltd. |
| Liusheng Wang | China Merchants Securities Co. Ltd. |
| Shasha Wang | Founder Securities Co., Ltd. |