Anhui Honglu Steel Construction(Group) Balance Sheet Health
Financial Health criteria checks 2/6
Anhui Honglu Steel Construction(Group) has a total shareholder equity of CN¥9.5B and total debt of CN¥9.4B, which brings its debt-to-equity ratio to 98.8%. Its total assets and total liabilities are CN¥25.5B and CN¥16.0B respectively. Anhui Honglu Steel Construction(Group)'s EBIT is CN¥682.0M making its interest coverage ratio 2.3. It has cash and short-term investments of CN¥2.3B.
Key information
98.8%
Debt to equity ratio
CN¥9.38b
Debt
| Interest coverage ratio | 2.3x |
| Cash | CN¥2.26b |
| Equity | CN¥9.49b |
| Total liabilities | CN¥16.04b |
| Total assets | CN¥25.54b |
Recent financial health updates
Recent updates
Anhui Honglu Steel Construction(Group) CO., LTD (SZSE:002541) Held Back By Insufficient Growth Even After Shares Climb 44%
Oct 08
Anhui Honglu Steel Construction(Group) CO., LTD (SZSE:002541) Analysts Just Slashed This Year's Estimates
Sep 05Anhui Honglu Steel Construction(Group) CO., LTD (SZSE:002541) Looks Inexpensive But Perhaps Not Attractive Enough
Aug 14Investors Met With Slowing Returns on Capital At Anhui Honglu Steel Construction(Group) (SZSE:002541)
Jul 12Anhui Honglu Steel Construction(Group) CO., LTD (SZSE:002541) Shares Could Be 30% Below Their Intrinsic Value Estimate
Jun 25Anhui Honglu Steel Construction(Group) CO., LTD (SZSE:002541) Stock Catapults 26% Though Its Price And Business Still Lag The Market
Apr 29Anhui 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¥15.7B) exceed its short term liabilities (CN¥9.6B).
Long Term Liabilities: 002541's short term assets (CN¥15.7B) exceed its long term liabilities (CN¥6.5B).
Debt to Equity History and Analysis
Debt Level: 002541's net debt to equity ratio (75%) is considered high.
Reducing Debt: 002541's debt to equity ratio has increased from 41.7% to 98.8% over the past 5 years.
Debt Coverage: 002541's debt is not well covered by operating cash flow (7.2%).
Interest Coverage: 002541's interest payments on its debt are not well covered by EBIT (2.3x coverage).