Shandong HaihuaLtd Balance Sheet Health
Financial Health criteria checks 5/6
Shandong HaihuaLtd has a total shareholder equity of CN¥5.2B and total debt of CN¥252.6M, which brings its debt-to-equity ratio to 4.8%. Its total assets and total liabilities are CN¥8.4B and CN¥3.2B respectively. Shandong HaihuaLtd's EBIT is CN¥743.3M making its interest coverage ratio -75.3. It has cash and short-term investments of CN¥1.8B.
Key information
4.8%
Debt to equity ratio
CN¥252.61m
Debt
| Interest coverage ratio | -75.3x |
| Cash | CN¥1.82b |
| Equity | CN¥5.25b |
| Total liabilities | CN¥3.19b |
| Total assets | CN¥8.44b |
Recent financial health updates
Does Shandong HaihuaLtd (SZSE:000822) Have A Healthy Balance Sheet?
Sep 26
Shandong HaihuaLtd (SZSE:000822) Seems To Use Debt Quite Sensibly
Apr 25Recent updates
Investors Don't See Light At End Of Shandong Haihua Co.,Ltd's (SZSE:000822) Tunnel
Dec 02Investors Can Find Comfort In Shandong HaihuaLtd's (SZSE:000822) Earnings Quality
Nov 07Does Shandong HaihuaLtd (SZSE:000822) Have A Healthy Balance Sheet?
Sep 26Shandong HaihuaLtd (SZSE:000822) Has Announced A Dividend Of CN¥0.10
May 10Shandong HaihuaLtd (SZSE:000822) Seems To Use Debt Quite Sensibly
Apr 25Why Shandong HaihuaLtd's (SZSE:000822) Shaky Earnings Are Just The Beginning Of Its Problems
Mar 31Returns On Capital Are A Standout For Shandong HaihuaLtd (SZSE:000822)
Mar 22Financial Position Analysis
Short Term Liabilities: 000822's short term assets (CN¥4.8B) exceed its short term liabilities (CN¥2.6B).
Long Term Liabilities: 000822's short term assets (CN¥4.8B) exceed its long term liabilities (CN¥612.0M).
Debt to Equity History and Analysis
Debt Level: 000822 has more cash than its total debt.
Reducing Debt: 000822's debt to equity ratio has increased from 0% to 4.8% over the past 5 years.
Debt Coverage: 000822's debt is well covered by operating cash flow (456.4%).
Interest Coverage: 000822 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 19:01 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Shandong Haihua Co.,Ltd is covered by 8 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Xing LI | Changjiang Securities Co. LTD. |
| Jian Hui | China Merchants Securities Co. Ltd. |
| Qiushi Qi | China Minzu Securities |