Zhejiang Huayou Cobalt Co., Ltd

SHSE:603799 Stock Report

Market Cap: CN¥50.8b

Zhejiang Huayou Cobalt Balance Sheet Health

Financial Health criteria checks 2/6

Zhejiang Huayou Cobalt has a total shareholder equity of CN¥46.3B and total debt of CN¥60.6B, which brings its debt-to-equity ratio to 130.8%. Its total assets and total liabilities are CN¥131.2B and CN¥84.9B respectively. Zhejiang Huayou Cobalt's EBIT is CN¥5.2B making its interest coverage ratio 4.4. It has cash and short-term investments of CN¥19.4B.

Key information

130.8%

Debt to equity ratio

CN¥60.60b

Debt

Interest coverage ratio4.4x
CashCN¥19.42b
EquityCN¥46.32b
Total liabilitiesCN¥84.93b
Total assetsCN¥131.25b

Recent financial health updates

Recent updates

Zhejiang Huayou Cobalt Co., Ltd (SHSE:603799) Screens Well But There Might Be A Catch

Sep 30
Zhejiang Huayou Cobalt Co., Ltd (SHSE:603799) Screens Well But There Might Be A Catch

Zhejiang Huayou Cobalt Co., Ltd Just Recorded A 64% EPS Beat: Here's What Analysts Are Forecasting Next

Aug 22
Zhejiang Huayou Cobalt Co., Ltd Just Recorded A 64% EPS Beat: Here's What Analysts Are Forecasting Next

Zhejiang Huayou Cobalt (SHSE:603799) Will Want To Turn Around Its Return Trends

Jul 16
Zhejiang Huayou Cobalt (SHSE:603799) Will Want To Turn Around Its Return Trends

Is Zhejiang Huayou Cobalt (SHSE:603799) Using Too Much Debt?

Jun 28
Is Zhejiang Huayou Cobalt (SHSE:603799) Using Too Much Debt?

The Consensus EPS Estimates For Zhejiang Huayou Cobalt Co., Ltd (SHSE:603799) Just Fell Dramatically

Apr 29
The Consensus EPS Estimates For Zhejiang Huayou Cobalt Co., Ltd (SHSE:603799) Just Fell Dramatically

Zhejiang Huayou Cobalt's (SHSE:603799) Anemic Earnings Might Be Worse Than You Think

Apr 26
Zhejiang Huayou Cobalt's (SHSE:603799) Anemic Earnings Might Be Worse Than You Think

Zhejiang Huayou Cobalt Co., Ltd's (SHSE:603799) Prospects Need A Boost To Lift Shares

Apr 01
Zhejiang Huayou Cobalt Co., Ltd's (SHSE:603799) Prospects Need A Boost To Lift Shares

Zhejiang Huayou Cobalt (SHSE:603799) Use Of Debt Could Be Considered Risky

Mar 14
Zhejiang Huayou Cobalt (SHSE:603799) Use Of Debt Could Be Considered Risky

Financial Position Analysis

Short Term Liabilities: 603799's short term assets (CN¥50.1B) do not cover its short term liabilities (CN¥51.3B).

Long Term Liabilities: 603799's short term assets (CN¥50.1B) exceed its long term liabilities (CN¥33.6B).


Debt to Equity History and Analysis

Debt Level: 603799's net debt to equity ratio (88.9%) is considered high.

Reducing Debt: 603799's debt to equity ratio has increased from 80.6% to 130.8% over the past 5 years.

Debt Coverage: 603799's debt is not well covered by operating cash flow (7.4%).

Interest Coverage: 603799's interest payments on its debt are well covered by EBIT (4.4x coverage).


Balance Sheet


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