HuafangLtd Balance Sheet Health
Financial Health criteria checks 1/6
HuafangLtd has a total shareholder equity of CN¥1.3B and total debt of CN¥1.5B, which brings its debt-to-equity ratio to 115.5%. Its total assets and total liabilities are CN¥3.6B and CN¥2.4B respectively. HuafangLtd's EBIT is CN¥48.9M making its interest coverage ratio 0.8. It has cash and short-term investments of CN¥520.7M.
Key information
115.5%
Debt to equity ratio
CN¥1.46b
Debt
| Interest coverage ratio | 0.8x |
| Cash | CN¥520.72m |
| Equity | CN¥1.26b |
| Total liabilities | CN¥2.38b |
| Total assets | CN¥3.64b |
Recent financial health updates
No updates
Recent updates
HuafangLtd (SHSE:600448) Strong Profits May Be Masking Some Underlying Issues
Nov 06
Huafang Co.,Ltd's (SHSE:600448) Shares Bounce 36% But Its Business Still Trails The Industry
Oct 08HuafangLtd's (SHSE:600448) Earnings Seem To Be Promising
May 06Huafang Co.,Ltd (SHSE:600448) Held Back By Insufficient Growth Even After Shares Climb 29%
Apr 04Financial Position Analysis
Short Term Liabilities: 600448's short term assets (CN¥1.9B) do not cover its short term liabilities (CN¥2.1B).
Long Term Liabilities: 600448's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥299.7M).
Debt to Equity History and Analysis
Debt Level: 600448's net debt to equity ratio (74.2%) is considered high.
Reducing Debt: 600448's debt to equity ratio has increased from 70.3% to 115.5% over the past 5 years.
Debt Coverage: 600448's debt is not well covered by operating cash flow (9.2%).
Interest Coverage: 600448's interest payments on its debt are not well covered by EBIT (0.8x coverage).