Henan Shuanghui Investment & DevelopmentLtd Balance Sheet Health
Financial Health criteria checks 5/6
Henan Shuanghui Investment & DevelopmentLtd has a total shareholder equity of CN¥20.9B and total debt of CN¥8.1B, which brings its debt-to-equity ratio to 38.9%. Its total assets and total liabilities are CN¥36.2B and CN¥15.3B respectively. Henan Shuanghui Investment & DevelopmentLtd's EBIT is CN¥6.0B making its interest coverage ratio 93.8. It has cash and short-term investments of CN¥8.1B.
Key information
38.9%
Debt to equity ratio
CN¥8.14b
Debt
| Interest coverage ratio | 93.8x |
| Cash | CN¥8.05b |
| Equity | CN¥20.94b |
| Total liabilities | CN¥15.28b |
| Total assets | CN¥36.22b |
Recent financial health updates
Recent updates
Henan Shuanghui Investment & DevelopmentLtd (SZSE:000895) Is Paying Out Less In Dividends Than Last Year
Sep 10
Are 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¥16.3B) exceed its short term liabilities (CN¥13.9B).
Long Term Liabilities: 000895's short term assets (CN¥16.3B) exceed its long term liabilities (CN¥1.4B).
Debt to Equity History and Analysis
Debt Level: 000895's net debt to equity ratio (0.4%) is considered satisfactory.
Reducing Debt: 000895's debt to equity ratio has increased from 25.9% to 38.9% over the past 5 years.
Debt Coverage: 000895's debt is well covered by operating cash flow (81.3%).
Interest Coverage: 000895's interest payments on its debt are well covered by EBIT (93.8x coverage).