Guangdong Chj IndustryLtd Balance Sheet Health
Financial Health criteria checks 6/6
Guangdong Chj IndustryLtd has a total shareholder equity of CN¥3.8B and total debt of CN¥705.7M, which brings its debt-to-equity ratio to 18.8%. Its total assets and total liabilities are CN¥5.7B and CN¥2.0B respectively. Guangdong Chj IndustryLtd's EBIT is CN¥420.2M making its interest coverage ratio 29.8. It has cash and short-term investments of CN¥834.6M.
Key information
18.8%
Debt to equity ratio
CN¥705.73m
Debt
Interest coverage ratio | 29.8x |
Cash | CN¥834.58m |
Equity | CN¥3.76b |
Total liabilities | CN¥1.97b |
Total assets | CN¥5.73b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002345's short term assets (CN¥4.1B) exceed its short term liabilities (CN¥1.7B).
Long Term Liabilities: 002345's short term assets (CN¥4.1B) exceed its long term liabilities (CN¥253.7M).
Debt to Equity History and Analysis
Debt Level: 002345 has more cash than its total debt.
Reducing Debt: 002345's debt to equity ratio has reduced from 36.8% to 18.8% over the past 5 years.
Debt Coverage: 002345's debt is well covered by operating cash flow (66.8%).
Interest Coverage: 002345's interest payments on its debt are well covered by EBIT (29.8x coverage).