Jiangsu Huachang Chemical Co., Ltd

SZSE:002274 Stock Report

Market Cap: CN¥7.7b

Jiangsu Huachang Chemical Balance Sheet Health

Financial Health criteria checks 6/6

Jiangsu Huachang Chemical has a total shareholder equity of CN¥5.8B and total debt of CN¥268.6M, which brings its debt-to-equity ratio to 4.6%. Its total assets and total liabilities are CN¥8.3B and CN¥2.5B respectively. Jiangsu Huachang Chemical's EBIT is CN¥943.4M making its interest coverage ratio -19.7. It has cash and short-term investments of CN¥783.8M.

Key information

4.6%

Debt to equity ratio

CN¥268.63m

Debt

Interest coverage ratio-19.7x
CashCN¥783.77m
EquityCN¥5.80b
Total liabilitiesCN¥2.54b
Total assetsCN¥8.33b

Recent financial health updates

No updates

Recent updates

Jiangsu Huachang Chemical (SZSE:002274) Has Announced A Dividend Of CN¥0.30

May 26
Jiangsu Huachang Chemical (SZSE:002274) Has Announced A Dividend Of CN¥0.30

Jiangsu Huachang Chemical (SZSE:002274) Is Looking To Continue Growing Its Returns On Capital

Apr 02
Jiangsu Huachang Chemical (SZSE:002274) Is Looking To Continue Growing Its Returns On Capital

Jiangsu Huachang Chemical Co., Ltd (SZSE:002274) Shares Fly 27% But Investors Aren't Buying For Growth

Mar 06
Jiangsu Huachang Chemical Co., Ltd (SZSE:002274) Shares Fly 27% But Investors Aren't Buying For Growth

Financial Position Analysis

Short Term Liabilities: 002274's short term assets (CN¥3.4B) exceed its short term liabilities (CN¥2.5B).

Long Term Liabilities: 002274's short term assets (CN¥3.4B) exceed its long term liabilities (CN¥7.4M).


Debt to Equity History and Analysis

Debt Level: 002274 has more cash than its total debt.

Reducing Debt: 002274's debt to equity ratio has reduced from 97.6% to 4.6% over the past 5 years.

Debt Coverage: 002274's debt is well covered by operating cash flow (297.1%).

Interest Coverage: 002274 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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