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¥100.5M, which brings its debt-to-equity ratio to 1.7%. Its total assets and total liabilities are CN¥7.8B and CN¥2.0B respectively. Jiangsu Huachang Chemical's EBIT is CN¥968.4M making its interest coverage ratio -18.4. It has cash and short-term investments of CN¥521.9M.
Key information
1.7%
Debt to equity ratio
CN¥100.48m
Debt
| Interest coverage ratio | -18.4x |
| Cash | CN¥521.92m |
| Equity | CN¥5.79b |
| Total liabilities | CN¥2.03b |
| Total assets | CN¥7.82b |
Recent financial health updates
Recent updates
There's No Escaping Jiangsu Huachang Chemical Co., Ltd's (SZSE:002274) Muted Earnings
Oct 24
Is Jiangsu Huachang Chemical (SZSE:002274) A Risky Investment?
Sep 25Jiangsu Huachang Chemical (SZSE:002274) Has Announced A Dividend Of CN¥0.30
May 26Jiangsu Huachang Chemical (SZSE:002274) Is Looking To Continue Growing Its Returns On Capital
Apr 02Jiangsu Huachang Chemical Co., Ltd (SZSE:002274) Shares Fly 27% But Investors Aren't Buying For Growth
Mar 06Financial Position Analysis
Short Term Liabilities: 002274's short term assets (CN¥3.0B) exceed its short term liabilities (CN¥2.0B).
Long Term Liabilities: 002274's short term assets (CN¥3.0B) exceed its long term liabilities (CN¥4.9M).
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 87% to 1.7% over the past 5 years.
Debt Coverage: 002274's debt is well covered by operating cash flow (609.2%).
Interest Coverage: 002274 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 | 2024/12/24 00:51 |
| End of Day Share Price | 2024/12/24 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
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Analyst Sources
Jiangsu Huachang Chemical Co., Ltd is covered by 7 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 |
|---|---|
| Yanming Zhang | Bohai Securities Co., Ltd. |
| Xiantao Feng | Changjiang Securities Co. LTD. |
| Qiang Wang | China Merchants Securities Co. Ltd. |