Chengdu Hongqi ChainLtd Balance Sheet Health
Financial Health criteria checks 6/6
Chengdu Hongqi ChainLtd has a total shareholder equity of CN¥4.3B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥8.3B and CN¥4.0B respectively. Chengdu Hongqi ChainLtd's EBIT is CN¥479.4M making its interest coverage ratio -4.1. It has cash and short-term investments of CN¥2.2B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -4.1x |
| Cash | CN¥2.23b |
| Equity | CN¥4.33b |
| Total liabilities | CN¥3.98b |
| Total assets | CN¥8.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002697's short term assets (CN¥4.8B) exceed its short term liabilities (CN¥3.5B).
Long Term Liabilities: 002697's short term assets (CN¥4.8B) exceed its long term liabilities (CN¥477.8M).
Debt to Equity History and Analysis
Debt Level: 002697 is debt free.
Reducing Debt: 002697 has no debt compared to 5 years ago when its debt to equity ratio was 0.03%.
Debt Coverage: 002697 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 002697 has no debt, therefore coverage of interest payments is not a concern.