Hangzhou Juheshun New MaterialLTD Balance Sheet Health
Financial Health criteria checks 5/6
Hangzhou Juheshun New MaterialLTD has a total shareholder equity of CN¥2.1B and total debt of CN¥886.8M, which brings its debt-to-equity ratio to 41.9%. Its total assets and total liabilities are CN¥6.1B and CN¥4.0B respectively. Hangzhou Juheshun New MaterialLTD's EBIT is CN¥337.9M making its interest coverage ratio -6.5. It has cash and short-term investments of CN¥2.8B.
Key information
41.9%
Debt to equity ratio
CN¥886.79m
Debt
| Interest coverage ratio | -6.5x |
| Cash | CN¥2.79b |
| Equity | CN¥2.12b |
| Total liabilities | CN¥3.99b |
| Total assets | CN¥6.11b |
Recent financial health updates
No updates
Recent updates
The Strong Earnings Posted By Hangzhou Juheshun New MaterialLTD (SHSE:605166) Are A Good Indication Of The Strength Of The Business
Nov 04
Sentiment Still Eluding Hangzhou Juheshun New Material Co.,LTD (SHSE:605166)
Sep 25Hangzhou Juheshun New MaterialLTD's (SHSE:605166) Soft Earnings Are Actually Better Than They Appear
Apr 04Investors Still Aren't Entirely Convinced By Hangzhou Juheshun New Material Co.,LTD's (SHSE:605166) Earnings Despite 28% Price Jump
Mar 06Financial Position Analysis
Short Term Liabilities: 605166's short term assets (CN¥4.5B) exceed its short term liabilities (CN¥3.1B).
Long Term Liabilities: 605166's short term assets (CN¥4.5B) exceed its long term liabilities (CN¥923.1M).
Debt to Equity History and Analysis
Debt Level: 605166 has more cash than its total debt.
Reducing Debt: 605166's debt to equity ratio has increased from 14.5% to 41.9% over the past 5 years.
Debt Coverage: 605166's debt is well covered by operating cash flow (78.1%).
Interest Coverage: 605166 earns more interest than it pays, so coverage of interest payments is not a concern.