Henan Dayou Energy Co., Ltd

SHSE:600403 Stock Report

Market Cap: CN¥8.1b

Henan Dayou Energy Balance Sheet Health

Financial Health criteria checks 2/6

Henan Dayou Energy has a total shareholder equity of CN¥6.7B and total debt of CN¥5.6B, which brings its debt-to-equity ratio to 82.8%. Its total assets and total liabilities are CN¥21.7B and CN¥14.9B respectively.

Key information

82.8%

Debt to equity ratio

CN¥5.58b

Debt

Interest coverage ration/a
CashCN¥5.00b
EquityCN¥6.74b
Total liabilitiesCN¥14.92b
Total assetsCN¥21.66b

Recent financial health updates

Recent updates

Henan Dayou Energy Co., Ltd's (SHSE:600403) Business Is Trailing The Industry But Its Shares Aren't

Sep 25
Henan Dayou Energy Co., Ltd's (SHSE:600403) Business Is Trailing The Industry But Its Shares Aren't

Does Henan Dayou Energy (SHSE:600403) Have A Healthy Balance Sheet?

Aug 20
Does Henan Dayou Energy (SHSE:600403) Have A Healthy Balance Sheet?

Henan Dayou Energy Co., Ltd's (SHSE:600403) Share Price Not Quite Adding Up

Jun 03
Henan Dayou Energy Co., Ltd's (SHSE:600403) Share Price Not Quite Adding Up

These Return Metrics Don't Make Henan Dayou Energy (SHSE:600403) Look Too Strong

Mar 28
These Return Metrics Don't Make Henan Dayou Energy (SHSE:600403) Look Too Strong

We Think Henan Dayou Energy (SHSE:600403) Is Taking Some Risk With Its Debt

Feb 27
We Think Henan Dayou Energy (SHSE:600403) Is Taking Some Risk With Its Debt

Financial Position Analysis

Short Term Liabilities: 600403's short term assets (CN¥6.4B) do not cover its short term liabilities (CN¥11.3B).

Long Term Liabilities: 600403's short term assets (CN¥6.4B) exceed its long term liabilities (CN¥3.6B).


Debt to Equity History and Analysis

Debt Level: 600403's net debt to equity ratio (8.5%) is considered satisfactory.

Reducing Debt: 600403's debt to equity ratio has increased from 36% to 82.8% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Insufficient data to determine if 600403 has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if 600403 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


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