Henan Zhongfu IndustrialLtd Balance Sheet Health
Financial Health criteria checks 6/6
Henan Zhongfu IndustrialLtd has a total shareholder equity of CN¥16.1B and total debt of CN¥4.6B, which brings its debt-to-equity ratio to 28.3%. Its total assets and total liabilities are CN¥24.6B and CN¥8.5B respectively. Henan Zhongfu IndustrialLtd's EBIT is CN¥1.5B making its interest coverage ratio 5.7. It has cash and short-term investments of CN¥1.3B.
Key information
28.3%
Debt to equity ratio
CN¥4.56b
Debt
| Interest coverage ratio | 5.7x |
| Cash | CN¥1.31b |
| Equity | CN¥16.08b |
| Total liabilities | CN¥8.50b |
| Total assets | CN¥24.58b |
Recent financial health updates
Henan Zhongfu IndustrialLtd (SHSE:600595) Has A Pretty Healthy Balance Sheet
Sep 20
We Think Henan Zhongfu IndustrialLtd (SHSE:600595) Can Stay On Top Of Its Debt
Jun 05These 4 Measures Indicate That Henan Zhongfu IndustrialLtd (SHSE:600595) Is Using Debt Extensively
Feb 29Recent updates
If EPS Growth Is Important To You, Henan Zhongfu IndustrialLtd (SHSE:600595) Presents An Opportunity
Oct 07Henan Zhongfu IndustrialLtd (SHSE:600595) Has A Pretty Healthy Balance Sheet
Sep 20Not Many Are Piling Into Henan Zhongfu Industrial Co.,Ltd (SHSE:600595) Just Yet
Aug 29Returns On Capital Are Showing Encouraging Signs At Henan Zhongfu IndustrialLtd (SHSE:600595)
Aug 08We Think Henan Zhongfu IndustrialLtd (SHSE:600595) Can Stay On Top Of Its Debt
Jun 05Here's Why Henan Zhongfu IndustrialLtd (SHSE:600595) Has Caught The Eye Of Investors
May 21We Think That There Are Issues Underlying Henan Zhongfu IndustrialLtd's (SHSE:600595) Earnings
May 06Henan Zhongfu IndustrialLtd (SHSE:600595) Is Experiencing Growth In Returns On Capital
Mar 18These 4 Measures Indicate That Henan Zhongfu IndustrialLtd (SHSE:600595) Is Using Debt Extensively
Feb 29Financial Position Analysis
Short Term Liabilities: 600595's short term assets (CN¥7.0B) exceed its short term liabilities (CN¥5.0B).
Long Term Liabilities: 600595's short term assets (CN¥7.0B) exceed its long term liabilities (CN¥3.5B).
Debt to Equity History and Analysis
Debt Level: 600595's net debt to equity ratio (20.2%) is considered satisfactory.
Reducing Debt: 600595's debt to equity ratio has reduced from 215.3% to 28.3% over the past 5 years.
Debt Coverage: 600595's debt is well covered by operating cash flow (38.6%).
Interest Coverage: 600595's interest payments on its debt are well covered by EBIT (5.7x coverage).