China Hi-Tech Group Balance Sheet Health
Financial Health criteria checks 6/6
China Hi-Tech Group has a total shareholder equity of CN¥1.8B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥2.1B and CN¥268.5M respectively. China Hi-Tech Group's EBIT is CN¥9.1M making its interest coverage ratio -0.7. It has cash and short-term investments of CN¥1.1B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -0.7x |
| Cash | CN¥1.15b |
| Equity | CN¥1.80b |
| Total liabilities | CN¥268.54m |
| Total assets | CN¥2.07b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600730's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥76.4M).
Long Term Liabilities: 600730's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥192.2M).
Debt to Equity History and Analysis
Debt Level: 600730 is debt free.
Reducing Debt: 600730 had no debt 5 years ago.
Debt Coverage: 600730 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 600730 has no debt, therefore coverage of interest payments is not a concern.