Hongbaoli Group Corporation Balance Sheet Health
Financial Health criteria checks 2/6
Hongbaoli Group has a total shareholder equity of CN¥2.0B and total debt of CN¥3.0B, which brings its debt-to-equity ratio to 147.1%. Its total assets and total liabilities are CN¥5.4B and CN¥3.4B respectively. Hongbaoli Group's EBIT is CN¥99.2M making its interest coverage ratio 2. It has cash and short-term investments of CN¥1.3B.
Key information
147.1%
Debt to equity ratio
CN¥2.99b
Debt
| Interest coverage ratio | 2x |
| Cash | CN¥1.32b |
| Equity | CN¥2.03b |
| Total liabilities | CN¥3.37b |
| Total assets | CN¥5.40b |
Recent financial health updates
No updates
Recent updates
Revenues Working Against Hongbaoli Group Corporation, Ltd.'s (SZSE:002165) Share Price
Jul 05
The Strong Earnings Posted By Hongbaoli Group Corporation (SZSE:002165) Are A Good Indication Of The Strength Of The Business
Apr 26Why Investors Shouldn't Be Surprised By Hongbaoli Group Corporation, Ltd.'s (SZSE:002165) Low P/S
Feb 27Financial Position Analysis
Short Term Liabilities: 002165's short term assets (CN¥2.9B) exceed its short term liabilities (CN¥2.6B).
Long Term Liabilities: 002165's short term assets (CN¥2.9B) exceed its long term liabilities (CN¥812.6M).
Debt to Equity History and Analysis
Debt Level: 002165's net debt to equity ratio (82.3%) is considered high.
Reducing Debt: 002165's debt to equity ratio has increased from 104.7% to 147.1% over the past 5 years.
Debt Coverage: 002165's debt is not well covered by operating cash flow (6.6%).
Interest Coverage: 002165's interest payments on its debt are not well covered by EBIT (2x coverage).