Shandong Hualu-Hengsheng Chemical Balance Sheet Health
Financial Health criteria checks 4/6
Shandong Hualu-Hengsheng Chemical has a total shareholder equity of CN¥32.5B and total debt of CN¥9.0B, which brings its debt-to-equity ratio to 27.5%. Its total assets and total liabilities are CN¥46.7B and CN¥14.2B respectively. Shandong Hualu-Hengsheng Chemical's EBIT is CN¥5.3B making its interest coverage ratio 24.6. It has cash and short-term investments of CN¥1.9B.
Key information
27.5%
Debt to equity ratio
CN¥8.96b
Debt
| Interest coverage ratio | 24.6x |
| Cash | CN¥1.86b |
| Equity | CN¥32.54b |
| Total liabilities | CN¥14.18b |
| Total assets | CN¥46.73b |
Recent financial health updates
Here's Why Shandong Hualu-Hengsheng Chemical (SHSE:600426) Can Manage Its Debt Responsibly
Oct 24
Is Shandong Hualu-Hengsheng Chemical (SHSE:600426) Using Too Much Debt?
Jul 12We Think Shandong Hualu-Hengsheng Chemical (SHSE:600426) Is Taking Some Risk With Its Debt
Feb 29Recent updates
Capital Allocation Trends At Shandong Hualu-Hengsheng Chemical (SHSE:600426) Aren't Ideal
Dec 02Shandong Hualu-Hengsheng Chemical Co., Ltd.'s (SHSE:600426) Low P/E No Reason For Excitement
Nov 15Here's Why Shandong Hualu-Hengsheng Chemical (SHSE:600426) Can Manage Its Debt Responsibly
Oct 24Should You Investigate Shandong Hualu-Hengsheng Chemical Co., Ltd. (SHSE:600426) At CN¥20.97?
Sep 08Be Wary Of Shandong Hualu-Hengsheng Chemical (SHSE:600426) And Its Returns On Capital
Aug 13There's No Escaping Shandong Hualu-Hengsheng Chemical Co., Ltd.'s (SHSE:600426) Muted Earnings
Jul 28Is Shandong Hualu-Hengsheng Chemical (SHSE:600426) Using Too Much Debt?
Jul 12Why Shandong Hualu-Hengsheng Chemical's (SHSE:600426) Shaky Earnings Are Just The Beginning Of Its Problems
May 01Shandong Hualu-Hengsheng Chemical (SHSE:600426) May Have Issues Allocating Its Capital
Apr 18Earnings Miss: Shandong Hualu-Hengsheng Chemical Co., Ltd. Missed EPS By 17% And Analysts Are Revising Their Forecasts
Apr 03Shandong Hualu-Hengsheng Chemical Co., Ltd. (SHSE:600426) Doing What It Can To Lift Shares
Apr 01We Think Shandong Hualu-Hengsheng Chemical (SHSE:600426) Is Taking Some Risk With Its Debt
Feb 29Financial Position Analysis
Short Term Liabilities: 600426's short term assets (CN¥8.4B) exceed its short term liabilities (CN¥5.7B).
Long Term Liabilities: 600426's short term assets (CN¥8.4B) do not cover its long term liabilities (CN¥8.4B).
Debt to Equity History and Analysis
Debt Level: 600426's net debt to equity ratio (21.8%) is considered satisfactory.
Reducing Debt: 600426's debt to equity ratio has increased from 23% to 27.5% over the past 5 years.
Debt Coverage: 600426's debt is well covered by operating cash flow (56.7%).
Interest Coverage: 600426's interest payments on its debt are well covered by EBIT (24.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 10:22 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Shandong Hualu-Hengsheng Chemical Co., Ltd. is covered by 29 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Xiaoman Ni | BOCI Research Ltd. |
| Yanming Zhang | Bohai Securities Co., Ltd. |
| Xiang Zhang | Changjiang Securities Co. LTD. |