Zhejiang Huayou Cobalt Co.,Ltd

SHSE:603799 Stock Report

Mkt Cap: CN¥104.0b

Zhejiang Huayou CobaltLtd Financial Health

How is Zhejiang Huayou CobaltLtd's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 603799's short term assets (CN¥48.2B) exceed its short term liabilities (CN¥48.1B).

Long Term Liabilities: 603799's short term assets (CN¥48.2B) exceed its long term liabilities (CN¥23.5B).


Debt to Equity History and Analysis

Debt Level: 603799's net debt to equity ratio (71.4%) is considered high.

Reducing Debt: 603799's debt to equity ratio has increased from 118.8% to 125.9% over the past 5 years.

Debt Coverage: 603799's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 603799 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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