Haohua Chemical Science & Technology Balance Sheet Health
Financial Health criteria checks 5/6
Haohua Chemical Science & Technology has a total shareholder equity of CN¥8.7B and total debt of CN¥2.8B, which brings its debt-to-equity ratio to 31.8%. Its total assets and total liabilities are CN¥15.7B and CN¥7.0B respectively. Haohua Chemical Science & Technology's EBIT is CN¥781.9M making its interest coverage ratio -47.1. It has cash and short-term investments of CN¥2.1B.
Key information
31.8%
Debt to equity ratio
CN¥2.77b
Debt
| Interest coverage ratio | -47.1x |
| Cash | CN¥2.13b |
| Equity | CN¥8.70b |
| Total liabilities | CN¥6.96b |
| Total assets | CN¥15.66b |
Recent financial health updates
Recent updates
The Returns At Haohua Chemical Science & Technology (SHSE:600378) Aren't Growing
Jun 19
Haohua 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¥7.3B) exceed its short term liabilities (CN¥3.9B).
Long Term Liabilities: 600378's short term assets (CN¥7.3B) exceed its long term liabilities (CN¥3.0B).
Debt to Equity History and Analysis
Debt Level: 600378's net debt to equity ratio (7.4%) is considered satisfactory.
Reducing Debt: 600378's debt to equity ratio has increased from 11.4% to 31.8% over the past 5 years.
Debt Coverage: 600378's debt is well covered by operating cash flow (28.6%).
Interest Coverage: 600378 earns more interest than it pays, so coverage of interest payments is not a concern.