Shanghai HIUV New MaterialsLtd Balance Sheet Health
Financial Health criteria checks 2/6
Shanghai HIUV New MaterialsLtd has a total shareholder equity of CN¥2.2B and total debt of CN¥2.3B, which brings its debt-to-equity ratio to 107.8%. Its total assets and total liabilities are CN¥5.2B and CN¥3.0B respectively.
Key information
107.8%
Debt to equity ratio
CN¥2.33b
Debt
Interest coverage ratio | n/a |
Cash | CN¥474.97m |
Equity | CN¥2.16b |
Total liabilities | CN¥3.02b |
Total assets | CN¥5.19b |
Recent financial health updates
No updates
Recent updates
Why Investors Shouldn't Be Surprised By Shanghai HIUV New Materials Co.,Ltd's (SHSE:688680) 35% Share Price Plunge
Apr 21Returns On Capital At Shanghai HIUV New MaterialsLtd (SHSE:688680) Have Stalled
Mar 28Improved Revenues Required Before Shanghai HIUV New Materials Co.,Ltd (SHSE:688680) Stock's 38% Jump Looks Justified
Mar 07Financial Position Analysis
Short Term Liabilities: 688680's short term assets (CN¥3.8B) exceed its short term liabilities (CN¥2.1B).
Long Term Liabilities: 688680's short term assets (CN¥3.8B) exceed its long term liabilities (CN¥958.7M).
Debt to Equity History and Analysis
Debt Level: 688680's net debt to equity ratio (85.8%) is considered high.
Reducing Debt: 688680's debt to equity ratio has increased from 16.9% to 107.8% over the past 5 years.
Debt Coverage: 688680's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 688680's interest payments on its debt are well covered by EBIT.