HBIS Balance Sheet Health
Financial Health criteria checks 1/6
HBIS has a total shareholder equity of CN¥68.6B and total debt of CN¥121.9B, which brings its debt-to-equity ratio to 177.8%. Its total assets and total liabilities are CN¥271.7B and CN¥203.1B respectively. HBIS's EBIT is CN¥5.5B making its interest coverage ratio 1.5. It has cash and short-term investments of CN¥35.6B.
Key information
177.8%
Debt to equity ratio
CN¥121.90b
Debt
| Interest coverage ratio | 1.5x |
| Cash | CN¥35.59b |
| Equity | CN¥68.58b |
| Total liabilities | CN¥203.10b |
| Total assets | CN¥271.68b |
Recent financial health updates
Recent updates
We Think That There Are More Issues For HBIS (SZSE:000709) Than Just Sluggish Earnings
Nov 06
Market Might Still Lack Some Conviction On HBIS Company Limited (SZSE:000709) Even After 25% Share Price Boost
Oct 07HBIS (SZSE:000709) Might Be Having Difficulty Using Its Capital Effectively
Aug 18HBIS (SZSE:000709) Has No Shortage Of Debt
Jun 25Investors Aren't Entirely Convinced By HBIS Company Limited's (SZSE:000709) Earnings
May 30Weak Statutory Earnings May Not Tell The Whole Story For HBIS (SZSE:000709)
May 03HBIS (SZSE:000709) Will Want To Turn Around Its Return Trends
Mar 05Financial Position Analysis
Short Term Liabilities: 000709's short term assets (CN¥76.4B) do not cover its short term liabilities (CN¥146.0B).
Long Term Liabilities: 000709's short term assets (CN¥76.4B) exceed its long term liabilities (CN¥57.1B).
Debt to Equity History and Analysis
Debt Level: 000709's net debt to equity ratio (125.9%) is considered high.
Reducing Debt: 000709's debt to equity ratio has increased from 122.8% to 177.8% over the past 5 years.
Debt Coverage: 000709's debt is not well covered by operating cash flow (8.9%).
Interest Coverage: 000709's interest payments on its debt are not well covered by EBIT (1.5x coverage).