Hisense Home Appliances Group Co., Ltd.

SZSE:000921 Stock Report

Market Cap: CN¥34.5b

Hisense Home Appliances Group Balance Sheet Health

Financial Health criteria checks 5/6

Hisense Home Appliances Group has a total shareholder equity of CN¥19.0B and total debt of CN¥2.4B, which brings its debt-to-equity ratio to 12.4%. Its total assets and total liabilities are CN¥70.7B and CN¥51.7B respectively. Hisense Home Appliances Group's EBIT is CN¥4.5B making its interest coverage ratio -6.9. It has cash and short-term investments of CN¥22.1B.

Key information

12.4%

Debt to equity ratio

CN¥2.36b

Debt

Interest coverage ratio-6.9x
CashCN¥22.10b
EquityCN¥19.01b
Total liabilitiesCN¥51.71b
Total assetsCN¥70.72b

Recent financial health updates

Recent updates

A Look At The Fair Value Of Hisense Home Appliances Group Co., Ltd. (SZSE:000921)

Aug 14
A Look At The Fair Value Of Hisense Home Appliances Group Co., Ltd. (SZSE:000921)

Here's Why We Think Hisense Home Appliances Group (SZSE:000921) Is Well Worth Watching

Jul 31
Here's Why We Think Hisense Home Appliances Group (SZSE:000921) Is Well Worth Watching

Hisense Home Appliances Group Co., Ltd. (SZSE:000921) Not Doing Enough For Some Investors As Its Shares Slump 26%

Jul 03
Hisense Home Appliances Group Co., Ltd. (SZSE:000921) Not Doing Enough For Some Investors As Its Shares Slump 26%

The Trend Of High Returns At Hisense Home Appliances Group (SZSE:000921) Has Us Very Interested

Jun 21
The Trend Of High Returns At Hisense Home Appliances Group (SZSE:000921) Has Us Very Interested

Hisense Home Appliances Group's (SZSE:000921) Earnings May Just Be The Starting Point

May 01
Hisense Home Appliances Group's (SZSE:000921) Earnings May Just Be The Starting Point

Hisense Home Appliances Group (SZSE:000921) Could Easily Take On More Debt

Apr 16
Hisense Home Appliances Group (SZSE:000921) Could Easily Take On More Debt

Hisense Home Appliances Group Co., Ltd.'s (SZSE:000921) Prospects Need A Boost To Lift Shares

Mar 28
Hisense Home Appliances Group Co., Ltd.'s (SZSE:000921) Prospects Need A Boost To Lift Shares

Is Hisense Home Appliances Group Co., Ltd. (SZSE:000921) Trading At A 44% Discount?

Mar 01
Is Hisense Home Appliances Group Co., Ltd. (SZSE:000921) Trading At A 44% Discount?

Financial Position Analysis

Short Term Liabilities: 000921's short term assets (CN¥49.9B) exceed its short term liabilities (CN¥49.3B).

Long Term Liabilities: 000921's short term assets (CN¥49.9B) exceed its long term liabilities (CN¥2.4B).


Debt to Equity History and Analysis

Debt Level: 000921 has more cash than its total debt.

Reducing Debt: 000921's debt to equity ratio has increased from 0% to 12.4% over the past 5 years.

Debt Coverage: 000921's debt is well covered by operating cash flow (376.4%).

Interest Coverage: 000921 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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