Hailun PianoLtd Balance Sheet Health
Financial Health criteria checks 3/6
Hailun PianoLtd has a total shareholder equity of CN¥821.8M and total debt of CN¥333.8M, which brings its debt-to-equity ratio to 40.6%. Its total assets and total liabilities are CN¥1.3B and CN¥429.1M respectively.
Key information
40.6%
Debt to equity ratio
CN¥333.83m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥49.16m |
| Equity | CN¥821.76m |
| Total liabilities | CN¥429.07m |
| Total assets | CN¥1.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300329's short term assets (CN¥685.7M) exceed its short term liabilities (CN¥428.8M).
Long Term Liabilities: 300329's short term assets (CN¥685.7M) exceed its long term liabilities (CN¥229.5K).
Debt to Equity History and Analysis
Debt Level: 300329's net debt to equity ratio (34.6%) is considered satisfactory.
Reducing Debt: 300329's debt to equity ratio has increased from 0.6% to 40.6% over the past 5 years.
Debt Coverage: 300329's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 300329's interest payments on its debt are well covered by EBIT.