Hoshine Silicon Industry Balance Sheet Health
Financial Health criteria checks 1/6
Hoshine Silicon Industry has a total shareholder equity of CN¥32.5B and total debt of CN¥32.9B, which brings its debt-to-equity ratio to 101%. Its total assets and total liabilities are CN¥89.8B and CN¥57.3B respectively. Hoshine Silicon Industry's EBIT is CN¥3.4B making its interest coverage ratio -40.1. It has cash and short-term investments of CN¥2.4B.
Key information
101.0%
Debt to equity ratio
CN¥32.87b
Debt
| Interest coverage ratio | -40.1x |
| Cash | CN¥2.37b |
| Equity | CN¥32.53b |
| Total liabilities | CN¥57.28b |
| Total assets | CN¥89.81b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603260's short term assets (CN¥17.0B) do not cover its short term liabilities (CN¥29.8B).
Long Term Liabilities: 603260's short term assets (CN¥17.0B) do not cover its long term liabilities (CN¥27.5B).
Debt to Equity History and Analysis
Debt Level: 603260's net debt to equity ratio (93.8%) is considered high.
Reducing Debt: 603260's debt to equity ratio has increased from 39.3% to 101% over the past 5 years.
Debt Coverage: 603260's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 603260 earns more interest than it pays, so coverage of interest payments is not a concern.