Hunan Haili Chemical IndustryLtd Balance Sheet Health
Financial Health criteria checks 6/6
Hunan Haili Chemical IndustryLtd has a total shareholder equity of CN¥3.2B and total debt of CN¥448.0M, which brings its debt-to-equity ratio to 13.9%. Its total assets and total liabilities are CN¥4.4B and CN¥1.2B respectively. Hunan Haili Chemical IndustryLtd's EBIT is CN¥201.1M making its interest coverage ratio -11.7. It has cash and short-term investments of CN¥919.0M.
Key information
13.9%
Debt to equity ratio
CN¥448.00m
Debt
| Interest coverage ratio | -11.7x |
| Cash | CN¥919.03m |
| Equity | CN¥3.23b |
| Total liabilities | CN¥1.17b |
| Total assets | CN¥4.40b |
Recent financial health updates
No updates
Recent updates
Hunan Haili Chemical Industry Co.,Ltd. (SHSE:600731) Looks Inexpensive But Perhaps Not Attractive Enough
Oct 28
Some Investors May Be Worried About Hunan Haili Chemical IndustryLtd's (SHSE:600731) Returns On Capital
Jun 07Hunan Haili Chemical IndustryLtd's (SHSE:600731) Anemic Earnings Might Be Worse Than You Think
May 06Financial Position Analysis
Short Term Liabilities: 600731's short term assets (CN¥2.3B) exceed its short term liabilities (CN¥620.4M).
Long Term Liabilities: 600731's short term assets (CN¥2.3B) exceed its long term liabilities (CN¥550.0M).
Debt to Equity History and Analysis
Debt Level: 600731 has more cash than its total debt.
Reducing Debt: 600731's debt to equity ratio has reduced from 37.5% to 13.9% over the past 5 years.
Debt Coverage: 600731's debt is well covered by operating cash flow (36%).
Interest Coverage: 600731 earns more interest than it pays, so coverage of interest payments is not a concern.