Haohua Chemical Science & Technology Balance Sheet Health
Financial Health criteria checks 4/6
Haohua Chemical Science & Technology has a total shareholder equity of CN¥12.9B and total debt of CN¥4.3B, which brings its debt-to-equity ratio to 33.6%. Its total assets and total liabilities are CN¥26.1B and CN¥13.2B respectively. Haohua Chemical Science & Technology's EBIT is CN¥746.6M making its interest coverage ratio -16.8. It has cash and short-term investments of CN¥2.0B.
Key information
33.6%
Debt to equity ratio
CN¥4.34b
Debt
| Interest coverage ratio | -16.8x |
| Cash | CN¥1.96b |
| Equity | CN¥12.90b |
| Total liabilities | CN¥13.20b |
| Total assets | CN¥26.10b |
Recent financial health updates
We Think Haohua Chemical Science & Technology (SHSE:600378) Is Taking Some Risk With Its Debt
Oct 15
Haohua Chemical Science & Technology (SHSE:600378) Has A Somewhat Strained Balance Sheet
May 27Recent updates
Haohua Chemical Science & Technology's (SHSE:600378) Weak Earnings May Only Reveal A Part Of The Whole Picture
Nov 06We Think Haohua Chemical Science & Technology (SHSE:600378) Is Taking Some Risk With Its Debt
Oct 15Haohua Chemical Science & Technology Corp., Ltd.'s (SHSE:600378) Price Is Out Of Tune With Earnings
Sep 23The Returns At Haohua Chemical Science & Technology (SHSE:600378) Aren't Growing
Jun 19Haohua Chemical Science & Technology (SHSE:600378) Has A Somewhat Strained Balance Sheet
May 27Haohua Chemical Science & Technology's (SHSE:600378) Weak Earnings May Only Reveal A Part Of The Whole Picture
May 06The Consensus EPS Estimates For Haohua Chemical Science & Technology Corp., Ltd. (SHSE:600378) Just Fell Dramatically
May 02Financial Position Analysis
Short Term Liabilities: 600378's short term assets (CN¥9.7B) exceed its short term liabilities (CN¥9.5B).
Long Term Liabilities: 600378's short term assets (CN¥9.7B) exceed its long term liabilities (CN¥3.7B).
Debt to Equity History and Analysis
Debt Level: 600378's net debt to equity ratio (18.4%) is considered satisfactory.
Reducing Debt: 600378's debt to equity ratio has increased from 8.1% to 33.6% over the past 5 years.
Debt Coverage: 600378's debt is not well covered by operating cash flow (14.5%).
Interest Coverage: 600378 earns more interest than it pays, so coverage of interest payments is not a concern.