HaiXin FoodsLtd Balance Sheet Health
Financial Health criteria checks 3/6
HaiXin FoodsLtd has a total shareholder equity of CN¥1.1B and total debt of CN¥378.3M, which brings its debt-to-equity ratio to 33.8%. Its total assets and total liabilities are CN¥2.1B and CN¥952.1M respectively.
Key information
33.8%
Debt to equity ratio
CN¥378.27m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥223.11m |
| Equity | CN¥1.12b |
| Total liabilities | CN¥952.07m |
| Total assets | CN¥2.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002702's short term assets (CN¥956.0M) exceed its short term liabilities (CN¥703.6M).
Long Term Liabilities: 002702's short term assets (CN¥956.0M) exceed its long term liabilities (CN¥248.5M).
Debt to Equity History and Analysis
Debt Level: 002702's net debt to equity ratio (13.8%) is considered satisfactory.
Reducing Debt: 002702's debt to equity ratio has increased from 0% to 33.8% over the past 5 years.
Debt Coverage: 002702's debt is not well covered by operating cash flow (16.4%).
Interest Coverage: Insufficient data to determine if 002702's interest payments on its debt are well covered by EBIT.