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.