Huaxin Cement Balance Sheet Health
Financial Health criteria checks 3/6
Huaxin Cement has a total shareholder equity of CN¥33.4B and total debt of CN¥14.4B, which brings its debt-to-equity ratio to 43.1%. Its total assets and total liabilities are CN¥68.8B and CN¥35.5B respectively. Huaxin Cement's EBIT is CN¥3.9B making its interest coverage ratio 6.4. It has cash and short-term investments of CN¥5.6B.
Key information
43.1%
Debt to equity ratio
CN¥14.39b
Debt
| Interest coverage ratio | 6.4x |
| Cash | CN¥5.55b |
| Equity | CN¥33.37b |
| Total liabilities | CN¥35.46b |
| Total assets | CN¥68.83b |
Recent financial health updates
Huaxin Cement (SHSE:600801) Has A Somewhat Strained Balance Sheet
Oct 01
Huaxin Cement (SHSE:600801) Takes On Some Risk With Its Use Of Debt
May 21Recent updates
Huaxin Cement Co., Ltd.'s (SHSE:600801) Share Price Is Matching Sentiment Around Its Earnings
Dec 12Huaxin Cement's (SHSE:600801) Shareholders Have More To Worry About Than Only Soft Earnings
Nov 01Huaxin Cement's (SHSE:600801) Returns On Capital Not Reflecting Well On The Business
Oct 18Huaxin Cement (SHSE:600801) Has A Somewhat Strained Balance Sheet
Oct 01Benign Growth For Huaxin Cement Co., Ltd. (SHSE:600801) Underpins Stock's 26% Plummet
Sep 12A Look At The Fair Value Of Huaxin Cement Co., Ltd. (SHSE:600801)
Aug 28Investors Don't See Light At End Of Huaxin Cement Co., Ltd.'s (SHSE:600801) Tunnel
Jul 22Huaxin Cement (SHSE:600801) Is Reinvesting At Lower Rates Of Return
Jul 02Huaxin Cement (SHSE:600801) Will Pay A Larger Dividend Than Last Year At CN¥0.53
Jun 14Huaxin Cement (SHSE:600801) Takes On Some Risk With Its Use Of Debt
May 21We Think That There Are Some Issues For Huaxin Cement (SHSE:600801) Beyond Its Promising Earnings
Apr 07Huaxin Cement Co., Ltd. (SHSE:600801) Just Reported, And Analysts Assigned A CN¥16.54 Price Target
Apr 01Returns On Capital At Huaxin Cement (SHSE:600801) Paint A Concerning Picture
Feb 27Financial Position Analysis
Short Term Liabilities: 600801's short term assets (CN¥15.1B) do not cover its short term liabilities (CN¥16.9B).
Long Term Liabilities: 600801's short term assets (CN¥15.1B) do not cover its long term liabilities (CN¥18.6B).
Debt to Equity History and Analysis
Debt Level: 600801's net debt to equity ratio (26.5%) is considered satisfactory.
Reducing Debt: 600801's debt to equity ratio has increased from 24% to 43.1% over the past 5 years.
Debt Coverage: 600801's debt is well covered by operating cash flow (42.5%).
Interest Coverage: 600801's interest payments on its debt are well covered by EBIT (6.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 03:23 |
| End of Day Share Price | 2024/12/20 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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Industry and Sector Metrics
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Analyst Sources
Huaxin Cement Co., Ltd. is covered by 30 analysts. 11 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 |
|---|---|
| Hongying Zuo | AJ Securities Co., Ltd |
| Pan Li | BOCI Research Ltd. |
| Chao Fan | Changjiang Securities Co. LTD. |