Anhui Honglu Steel Construction(Group) Balance Sheet Health
Financial Health criteria checks 3/6
Anhui Honglu Steel Construction(Group) has a total shareholder equity of CN¥9.4B and total debt of CN¥7.4B, which brings its debt-to-equity ratio to 78.8%. Its total assets and total liabilities are CN¥23.8B and CN¥14.4B respectively. Anhui Honglu Steel Construction(Group)'s EBIT is CN¥1.2B making its interest coverage ratio 4.2. It has cash and short-term investments of CN¥1.6B.
Key information
78.8%
Debt to equity ratio
CN¥7.41b
Debt
| Interest coverage ratio | 4.2x |
| Cash | CN¥1.56b |
| Equity | CN¥9.40b |
| Total liabilities | CN¥14.40b |
| Total assets | CN¥23.79b |
Recent financial health updates
Recent updates
Anhui Honglu Steel Construction(Group) CO., LTD (SZSE:002541) Stock Catapults 26% Though Its Price And Business Still Lag The Market
Apr 29
Anhui Honglu Steel Construction(Group)'s (SZSE:002541) Solid Earnings May Rest On Weak Foundations
Apr 08Anhui Honglu Steel Construction(Group) CO., LTD Just Missed Earnings - But Analysts Have Updated Their Models
Apr 02Anhui Honglu Steel Construction(Group) (SZSE:002541) Seems To Be Using A Lot Of Debt
Mar 15Financial Position Analysis
Short Term Liabilities: 002541's short term assets (CN¥14.3B) exceed its short term liabilities (CN¥8.3B).
Long Term Liabilities: 002541's short term assets (CN¥14.3B) exceed its long term liabilities (CN¥6.1B).
Debt to Equity History and Analysis
Debt Level: 002541's net debt to equity ratio (62.2%) is considered high.
Reducing Debt: 002541's debt to equity ratio has increased from 34.4% to 78.8% over the past 5 years.
Debt Coverage: 002541's debt is not well covered by operating cash flow (13.7%).
Interest Coverage: 002541's interest payments on its debt are well covered by EBIT (4.2x coverage).