Hoshine Silicon Industry Balance Sheet Health
Financial Health criteria checks 1/6
Hoshine Silicon Industry has a total shareholder equity of CN¥32.6B and total debt of CN¥32.2B, which brings its debt-to-equity ratio to 98.8%. Its total assets and total liabilities are CN¥88.2B and CN¥55.6B respectively. Hoshine Silicon Industry's EBIT is CN¥3.6B making its interest coverage ratio 5.3. It has cash and short-term investments of CN¥1.2B.
Key information
98.8%
Debt to equity ratio
CN¥32.23b
Debt
| Interest coverage ratio | 5.3x |
| Cash | CN¥1.19b |
| Equity | CN¥32.61b |
| Total liabilities | CN¥55.61b |
| Total assets | CN¥88.23b |
Recent financial health updates
Recent updates
Does Hoshine Silicon Industry (SHSE:603260) Have A Healthy Balance Sheet?
Oct 14
Why Hoshine Silicon Industry's (SHSE:603260) Shaky Earnings Are Just The Beginning Of Its Problems
Sep 05Returns On Capital At Hoshine Silicon Industry (SHSE:603260) Paint A Concerning Picture
Jul 15Fewer Investors Than Expected Jumping On Hoshine Silicon Industry Co., Ltd. (SHSE:603260)
Jun 14Hoshine Silicon Industry's (SHSE:603260) Returns On Capital Not Reflecting Well On The Business
Mar 18A Piece Of The Puzzle Missing From Hoshine Silicon Industry Co., Ltd.'s (SHSE:603260) Share Price
Feb 29Financial Position Analysis
Short Term Liabilities: 603260's short term assets (CN¥14.3B) do not cover its short term liabilities (CN¥35.0B).
Long Term Liabilities: 603260's short term assets (CN¥14.3B) do not cover its long term liabilities (CN¥20.6B).
Debt to Equity History and Analysis
Debt Level: 603260's net debt to equity ratio (95.2%) is considered high.
Reducing Debt: 603260's debt to equity ratio has increased from 48.2% to 98.8% over the past 5 years.
Debt Coverage: 603260's debt is not well covered by operating cash flow (3.7%).
Interest Coverage: 603260's interest payments on its debt are well covered by EBIT (5.3x coverage).