Guangdong Guanghong HoldingsLtd Balance Sheet Health
Financial Health criteria checks 3/6
Guangdong Guanghong HoldingsLtd has a total shareholder equity of CN¥3.2B and total debt of CN¥1.9B, which brings its debt-to-equity ratio to 59.9%. Its total assets and total liabilities are CN¥6.3B and CN¥3.1B respectively.
Key information
59.9%
Debt to equity ratio
CN¥1.90b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥2.52b |
| Equity | CN¥3.18b |
| Total liabilities | CN¥3.09b |
| Total assets | CN¥6.26b |
Recent financial health updates
No updates
Recent updates
Earnings Troubles May Signal Larger Issues for Guangdong Guanghong HoldingsLtd (SZSE:000529) Shareholders
Nov 04
Guangdong Guanghong HoldingsLtd (SZSE:000529) Will Be Hoping To Turn Its Returns On Capital Around
Aug 20Guangdong Guanghong HoldingsLtd (SZSE:000529) Is Due To Pay A Dividend Of CN¥0.15
Jun 28Guangdong Guanghong Holdings Co.,Ltd.'s (SZSE:000529) 29% Share Price Surge Not Quite Adding Up
May 13Weak Statutory Earnings May Not Tell The Whole Story For Guangdong Guanghong HoldingsLtd (SZSE:000529)
May 01Financial Position Analysis
Short Term Liabilities: 000529's short term assets (CN¥3.0B) exceed its short term liabilities (CN¥1.5B).
Long Term Liabilities: 000529's short term assets (CN¥3.0B) exceed its long term liabilities (CN¥1.6B).
Debt to Equity History and Analysis
Debt Level: 000529 has more cash than its total debt.
Reducing Debt: 000529's debt to equity ratio has increased from 0.6% to 59.9% over the past 5 years.
Debt Coverage: 000529's debt is not well covered by operating cash flow (14.1%).
Interest Coverage: Insufficient data to determine if 000529's interest payments on its debt are well covered by EBIT.