Huali Industrial Group Balance Sheet Health
Financial Health criteria checks 6/6
Huali Industrial Group has a total shareholder equity of CN¥16.4B and total debt of CN¥528.8M, which brings its debt-to-equity ratio to 3.2%. Its total assets and total liabilities are CN¥21.8B and CN¥5.4B respectively. Huali Industrial Group's EBIT is CN¥4.7B making its interest coverage ratio -35.8. It has cash and short-term investments of CN¥7.7B.
Key information
3.2%
Debt to equity ratio
CN¥528.84m
Debt
| Interest coverage ratio | -35.8x |
| Cash | CN¥7.73b |
| Equity | CN¥16.38b |
| Total liabilities | CN¥5.40b |
| Total assets | CN¥21.78b |
Recent financial health updates
Does Huali Industrial Group (SZSE:300979) Have A Healthy Balance Sheet?
Sep 18
Huali Industrial Group (SZSE:300979) Has A Pretty Healthy Balance Sheet
Jun 13Huali Industrial Group (SZSE:300979) Seems To Use Debt Quite Sensibly
Feb 29Recent updates
Huali Industrial Group Company Limited's (SZSE:300979) Share Price Is Matching Sentiment Around Its Earnings
Dec 11At CN¥65.10, Is It Time To Put Huali Industrial Group Company Limited (SZSE:300979) On Your Watch List?
Nov 20Calculating The Fair Value Of Huali Industrial Group Company Limited (SZSE:300979)
Oct 09Does Huali Industrial Group (SZSE:300979) Have A Healthy Balance Sheet?
Sep 18Analysts Have Made A Financial Statement On Huali Industrial Group Company Limited's (SZSE:300979) Half-Yearly Report
Aug 26Analysts Are Updating Their Huali Industrial Group Company Limited (SZSE:300979) Estimates After Its Half-Yearly Results
Aug 07A Look At The Fair Value Of Huali Industrial Group Company Limited (SZSE:300979)
Jul 05Huali Industrial Group (SZSE:300979) Has A Pretty Healthy Balance Sheet
Jun 13Huali Industrial Group (SZSE:300979) Will Pay A Dividend Of CN¥1.20
May 23When Should You Buy Huali Industrial Group Company Limited (SZSE:300979)?
May 21Analysts Have Made A Financial Statement On Huali Industrial Group Company Limited's (SZSE:300979) First-Quarter Report
Apr 28Huali Industrial Group (SZSE:300979) Seems To Use Debt Quite Sensibly
Feb 29Financial Position Analysis
Short Term Liabilities: 300979's short term assets (CN¥14.9B) exceed its short term liabilities (CN¥4.8B).
Long Term Liabilities: 300979's short term assets (CN¥14.9B) exceed its long term liabilities (CN¥598.3M).
Debt to Equity History and Analysis
Debt Level: 300979 has more cash than its total debt.
Reducing Debt: 300979's debt to equity ratio has reduced from 34.6% to 3.2% over the past 5 years.
Debt Coverage: 300979's debt is well covered by operating cash flow (891.4%).
Interest Coverage: 300979 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/19 23:07 |
| End of Day Share Price | 2025/01/17 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Huali Industrial Group Company Limited is covered by 19 analysts. 13 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 |
|---|---|
| Runbo Yang | China International Capital Corporation Limited |
| Jichuan Lin | China International Capital Corporation Limited |
| Chongguang Feng | Citic Securities Co., Ltd. |