Anhui Jinhe IndustrialLtd Balance Sheet Health
Financial Health criteria checks 5/6
Anhui Jinhe IndustrialLtd has a total shareholder equity of CN¥7.5B and total debt of CN¥1.6B, which brings its debt-to-equity ratio to 21.2%. Its total assets and total liabilities are CN¥10.2B and CN¥2.8B respectively. Anhui Jinhe IndustrialLtd's EBIT is CN¥538.7M making its interest coverage ratio -7.7. It has cash and short-term investments of CN¥3.1B.
Key information
21.2%
Debt to equity ratio
CN¥1.58b
Debt
| Interest coverage ratio | -7.7x |
| Cash | CN¥3.14b |
| Equity | CN¥7.46b |
| Total liabilities | CN¥2.75b |
| Total assets | CN¥10.22b |
Recent financial health updates
Anhui Jinhe IndustrialLtd (SZSE:002597) Seems To Use Debt Quite Sensibly
Jun 26
We Think Anhui Jinhe IndustrialLtd (SZSE:002597) Can Stay On Top Of Its Debt
Mar 22Recent updates
Anhui Jinhe IndustrialLtd (SZSE:002597) Could Be Struggling To Allocate Capital
Nov 22What Does Anhui Jinhe Industrial Co.,Ltd.'s (SZSE:002597) Share Price Indicate?
Oct 27Are Investors Undervaluing Anhui Jinhe Industrial Co.,Ltd. (SZSE:002597) By 30%?
Sep 29Anhui Jinhe IndustrialLtd's (SZSE:002597) Weak Earnings May Only Reveal A Part Of The Whole Picture
Sep 05Investors Aren't Buying Anhui Jinhe Industrial Co.,Ltd.'s (SZSE:002597) Earnings
Aug 21Anhui Jinhe IndustrialLtd's (SZSE:002597) Returns On Capital Not Reflecting Well On The Business
Aug 07Anhui Jinhe IndustrialLtd (SZSE:002597) Seems To Use Debt Quite Sensibly
Jun 26When Should You Buy Anhui Jinhe Industrial Co.,Ltd. (SZSE:002597)?
Jun 08Analysts' Revenue Estimates For Anhui Jinhe Industrial Co.,Ltd. (SZSE:002597) Are Surging Higher
May 05Revenue Miss: Anhui Jinhe Industrial Co.,Ltd. Fell 28% Short Of Analyst Revenue Estimates And Analysts Have Been Revising Their Models
May 01Anhui Jinhe Industrial Co.,Ltd.'s (SZSE:002597) Price Is Right But Growth Is Lacking After Shares Rocket 31%
Apr 29We Think Anhui Jinhe IndustrialLtd (SZSE:002597) Can Stay On Top Of Its Debt
Mar 22Earnings Working Against Anhui Jinhe Industrial Co.,Ltd.'s (SZSE:002597) Share Price
Mar 08Financial Position Analysis
Short Term Liabilities: 002597's short term assets (CN¥5.3B) exceed its short term liabilities (CN¥1.6B).
Long Term Liabilities: 002597's short term assets (CN¥5.3B) exceed its long term liabilities (CN¥1.2B).
Debt to Equity History and Analysis
Debt Level: 002597 has more cash than its total debt.
Reducing Debt: 002597's debt to equity ratio has increased from 14.1% to 21.2% over the past 5 years.
Debt Coverage: 002597's debt is well covered by operating cash flow (54.9%).
Interest Coverage: 002597 earns more interest than it pays, so coverage of interest payments is not a concern.