Suzhou Hesheng Special Material Balance Sheet Health
Financial Health criteria checks 6/6
Suzhou Hesheng Special Material has a total shareholder equity of CN¥790.4M and total debt of CN¥168.4M, which brings its debt-to-equity ratio to 21.3%. Its total assets and total liabilities are CN¥1.8B and CN¥960.7M respectively. Suzhou Hesheng Special Material's EBIT is CN¥97.6M making its interest coverage ratio 26.7. It has cash and short-term investments of CN¥372.3M.
Key information
21.3%
Debt to equity ratio
CN¥168.40m
Debt
| Interest coverage ratio | 26.7x |
| Cash | CN¥372.25m |
| Equity | CN¥790.38m |
| Total liabilities | CN¥960.65m |
| Total assets | CN¥1.75b |
Recent financial health updates
No updates
Recent updates
Suzhou Hesheng Special Material Co., Ltd.'s (SZSE:002290) 36% Price Boost Is Out Of Tune With Earnings
Oct 25
Returns On Capital Are Showing Encouraging Signs At Suzhou Hesheng Special Material (SZSE:002290)
Oct 24Solid Earnings Reflect Suzhou Hesheng Special Material's (SZSE:002290) Strength As A Business
Mar 26Suzhou Hesheng Special Material Co., Ltd.'s (SZSE:002290) 40% Share Price Surge Not Quite Adding Up
Mar 06Financial Position Analysis
Short Term Liabilities: 002290's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥808.2M).
Long Term Liabilities: 002290's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥152.5M).
Debt to Equity History and Analysis
Debt Level: 002290 has more cash than its total debt.
Reducing Debt: 002290's debt to equity ratio has reduced from 120.6% to 21.3% over the past 5 years.
Debt Coverage: 002290's debt is well covered by operating cash flow (148.1%).
Interest Coverage: 002290's interest payments on its debt are well covered by EBIT (26.7x coverage).