Hebei Yangyuan ZhiHui Beverage Balance Sheet Health
Financial Health criteria checks 5/6
Hebei Yangyuan ZhiHui Beverage has a total shareholder equity of CN¥9.7B and total debt of CN¥314.0M, which brings its debt-to-equity ratio to 3.2%. Its total assets and total liabilities are CN¥12.9B and CN¥3.2B respectively. Hebei Yangyuan ZhiHui Beverage's EBIT is CN¥1.9B making its interest coverage ratio -18. It has cash and short-term investments of CN¥5.3B.
Key information
3.2%
Debt to equity ratio
CN¥313.97m
Debt
| Interest coverage ratio | -18x |
| Cash | CN¥5.26b |
| Equity | CN¥9.72b |
| Total liabilities | CN¥3.23b |
| Total assets | CN¥12.95b |
Recent financial health updates
Hebei Yangyuan ZhiHui Beverage (SHSE:603156) Seems To Use Debt Rather Sparingly
Sep 11
We Think Hebei Yangyuan ZhiHui Beverage (SHSE:603156) Can Manage Its Debt With Ease
May 21Recent updates
Hebei Yangyuan ZhiHui Beverage (SHSE:603156) Seems To Use Debt Rather Sparingly
Sep 11Estimating The Fair Value Of Hebei Yangyuan ZhiHui Beverage Co., Ltd. (SHSE:603156)
Aug 26Hebei Yangyuan ZhiHui Beverage Co., Ltd.'s (SHSE:603156) Business And Shares Still Trailing The Market
Aug 11Hebei Yangyuan ZhiHui Beverage (SHSE:603156) Is Finding It Tricky To Allocate Its Capital
Jul 23We Think Hebei Yangyuan ZhiHui Beverage (SHSE:603156) Can Manage Its Debt With Ease
May 21Estimating The Intrinsic Value Of Hebei Yangyuan ZhiHui Beverage Co., Ltd. (SHSE:603156)
Apr 01Little Excitement Around Hebei Yangyuan ZhiHui Beverage Co., Ltd.'s (SHSE:603156) Earnings
Feb 27Financial Position Analysis
Short Term Liabilities: 603156's short term assets (CN¥6.5B) exceed its short term liabilities (CN¥3.1B).
Long Term Liabilities: 603156's short term assets (CN¥6.5B) exceed its long term liabilities (CN¥160.5M).
Debt to Equity History and Analysis
Debt Level: 603156 has more cash than its total debt.
Reducing Debt: 603156's debt to equity ratio has increased from 0% to 3.2% over the past 5 years.
Debt Coverage: 603156's debt is well covered by operating cash flow (494.8%).
Interest Coverage: 603156 earns more interest than it pays, so coverage of interest payments is not a concern.