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¥2.7B, which brings its debt-to-equity ratio to 131.8%. Its total assets and total liabilities are CN¥5.1B and CN¥3.1B respectively. Hongbaoli Group's EBIT is CN¥67.0M making its interest coverage ratio 1.7. It has cash and short-term investments of CN¥951.9M.
Key information
131.8%
Debt to equity ratio
CN¥2.66b
Debt
| Interest coverage ratio | 1.7x |
| Cash | CN¥951.94m |
| Equity | CN¥2.02b |
| Total liabilities | CN¥3.07b |
| Total assets | CN¥5.09b |
Recent financial health updates
No updates
Recent updates
Hongbaoli Group Corporation, Ltd.'s (SZSE:002165) Share Price Boosted 36% But Its Business Prospects Need A Lift Too
Nov 11
Revenues Working Against Hongbaoli Group Corporation, Ltd.'s (SZSE:002165) Share Price
Jul 05The 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¥2.6B) exceed its short term liabilities (CN¥2.1B).
Long Term Liabilities: 002165's short term assets (CN¥2.6B) exceed its long term liabilities (CN¥979.2M).
Debt to Equity History and Analysis
Debt Level: 002165's net debt to equity ratio (84.6%) is considered high.
Reducing Debt: 002165's debt to equity ratio has increased from 118.6% to 131.8% over the past 5 years.
Debt Coverage: 002165's debt is not well covered by operating cash flow (13.3%).
Interest Coverage: 002165's interest payments on its debt are not well covered by EBIT (1.7x coverage).