Henan Shuanghui Investment & DevelopmentLtd Balance Sheet Health
Financial Health criteria checks 5/6
Henan Shuanghui Investment & DevelopmentLtd has a total shareholder equity of CN¥20.2B and total debt of CN¥10.5B, which brings its debt-to-equity ratio to 52.1%. Its total assets and total liabilities are CN¥38.2B and CN¥18.1B respectively. Henan Shuanghui Investment & DevelopmentLtd's EBIT is CN¥5.9B making its interest coverage ratio 173. It has cash and short-term investments of CN¥8.7B.
Key information
52.1%
Debt to equity ratio
CN¥10.51b
Debt
| Interest coverage ratio | 173x |
| Cash | CN¥8.67b |
| Equity | CN¥20.17b |
| Total liabilities | CN¥18.05b |
| Total assets | CN¥38.22b |
Recent financial health updates
Recent updates
Investors Could Be Concerned With Henan Shuanghui Investment & DevelopmentLtd's (SZSE:000895) Returns On Capital
Nov 18
Henan Shuanghui Investment & DevelopmentLtd (SZSE:000895) Is Paying Out Less In Dividends Than Last Year
Sep 10Are Investors Undervaluing Henan Shuanghui Investment & Development Co.,Ltd. (SZSE:000895) By 29%?
Sep 03Benign Growth For Henan Shuanghui Investment & Development Co.,Ltd. (SZSE:000895) Underpins Its Share Price
Jun 28These 4 Measures Indicate That Henan Shuanghui Investment & DevelopmentLtd (SZSE:000895) Is Using Debt Reasonably Well
Jun 12Investors Could Be Concerned With Henan Shuanghui Investment & DevelopmentLtd's (SZSE:000895) Returns On Capital
May 27Is Henan Shuanghui Investment & Development Co.,Ltd. (SZSE:000895) Worth CN¥26.7 Based On Its Intrinsic Value?
May 12Henan Shuanghui Investment & Development Co.,Ltd. Just Missed EPS By 12%: Here's What Analysts Think Will Happen Next
Apr 26Henan Shuanghui Investment & DevelopmentLtd's (SZSE:000895) Dividend Is Being Reduced To CN¥0.70
Apr 24Henan Shuanghui Investment & Development Co.,Ltd. Just Missed EPS By 13%: Here's What Analysts Think Will Happen Next
Mar 29Financial Position Analysis
Short Term Liabilities: 000895's short term assets (CN¥18.5B) exceed its short term liabilities (CN¥16.7B).
Long Term Liabilities: 000895's short term assets (CN¥18.5B) exceed its long term liabilities (CN¥1.4B).
Debt to Equity History and Analysis
Debt Level: 000895's net debt to equity ratio (9.1%) is considered satisfactory.
Reducing Debt: 000895's debt to equity ratio has increased from 26.3% to 52.1% over the past 5 years.
Debt Coverage: 000895's debt is well covered by operating cash flow (74.7%).
Interest Coverage: 000895's interest payments on its debt are well covered by EBIT (173x coverage).