Lianhe Chemical TechnologyLtd Balance Sheet Health
Financial Health criteria checks 3/6
Lianhe Chemical TechnologyLtd has a total shareholder equity of CN¥6.8B and total debt of CN¥4.3B, which brings its debt-to-equity ratio to 62.9%. Its total assets and total liabilities are CN¥13.6B and CN¥6.9B respectively.
Key information
62.9%
Debt to equity ratio
CN¥4.27b
Debt
Interest coverage ratio | n/a |
Cash | CN¥1.40b |
Equity | CN¥6.78b |
Total liabilities | CN¥6.87b |
Total assets | CN¥13.65b |
Recent financial health updates
Recent updates
Little Excitement Around Lianhe Chemical Technology Co.,Ltd.'s (SZSE:002250) Revenues
Oct 24Is Lianhe Chemical TechnologyLtd (SZSE:002250) Using Debt In A Risky Way?
Sep 25Lianhe Chemical TechnologyLtd's (SZSE:002250) Dividend Will Be Reduced To CN¥0.02
Jul 12Why Investors Shouldn't Be Surprised By Lianhe Chemical Technology Co.,Ltd.'s (SZSE:002250) Low P/S
Jun 07Returns Are Gaining Momentum At Lianhe Chemical TechnologyLtd (SZSE:002250)
Feb 28Financial Position Analysis
Short Term Liabilities: 002250's short term assets (CN¥5.2B) exceed its short term liabilities (CN¥3.7B).
Long Term Liabilities: 002250's short term assets (CN¥5.2B) exceed its long term liabilities (CN¥3.1B).
Debt to Equity History and Analysis
Debt Level: 002250's net debt to equity ratio (42.3%) is considered high.
Reducing Debt: 002250's debt to equity ratio has increased from 27.4% to 62.9% over the past 5 years.
Debt Coverage: 002250's debt is well covered by operating cash flow (26.9%).
Interest Coverage: Insufficient data to determine if 002250's interest payments on its debt are well covered by EBIT.