Guangzhou Haozhi IndustrialLtd Balance Sheet Health
Financial Health criteria checks 2/6
Guangzhou Haozhi IndustrialLtd has a total shareholder equity of CN¥1.2B and total debt of CN¥701.7M, which brings its debt-to-equity ratio to 59.1%. Its total assets and total liabilities are CN¥2.7B and CN¥1.5B respectively. Guangzhou Haozhi IndustrialLtd's EBIT is CN¥74.3M making its interest coverage ratio 2. It has cash and short-term investments of CN¥44.7M.
Key information
59.1%
Debt to equity ratio
CN¥701.73m
Debt
| Interest coverage ratio | 2x |
| Cash | CN¥44.65m |
| Equity | CN¥1.19b |
| Total liabilities | CN¥1.47b |
| Total assets | CN¥2.66b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300503's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥909.6M).
Long Term Liabilities: 300503's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥557.1M).
Debt to Equity History and Analysis
Debt Level: 300503's net debt to equity ratio (55.3%) is considered high.
Reducing Debt: 300503's debt to equity ratio has increased from 22.2% to 59.1% over the past 5 years.
Debt Coverage: 300503's debt is not well covered by operating cash flow (11.8%).
Interest Coverage: 300503's interest payments on its debt are not well covered by EBIT (2x coverage).