Anhui Fuhuang Steel Structure Balance Sheet Health
Financial Health criteria checks 2/6
Anhui Fuhuang Steel Structure has a total shareholder equity of CN¥3.3B and total debt of CN¥3.5B, which brings its debt-to-equity ratio to 106.8%. Its total assets and total liabilities are CN¥10.5B and CN¥7.3B respectively. Anhui Fuhuang Steel Structure's EBIT is CN¥264.8M making its interest coverage ratio 1.6. It has cash and short-term investments of CN¥595.4M.
Key information
106.8%
Debt to equity ratio
CN¥3.51b
Debt
| Interest coverage ratio | 1.6x |
| Cash | CN¥595.40m |
| Equity | CN¥3.29b |
| Total liabilities | CN¥7.26b |
| Total assets | CN¥10.55b |
Recent financial health updates
No updates
Recent updates
Anhui Fuhuang Steel Structure Co., Ltd. (SZSE:002743) Stock Rockets 39% As Investors Are Less Pessimistic Than Expected
Nov 14
Return Trends At Anhui Fuhuang Steel Structure (SZSE:002743) Aren't Appealing
Oct 27The Market Doesn't Like What It Sees From Anhui Fuhuang Steel Structure Co., Ltd.'s (SZSE:002743) Earnings Yet
Sep 30Anhui Fuhuang Steel Structure (SZSE:002743) Could Be Struggling To Allocate Capital
Feb 27Financial Position Analysis
Short Term Liabilities: 002743's short term assets (CN¥8.4B) exceed its short term liabilities (CN¥6.6B).
Long Term Liabilities: 002743's short term assets (CN¥8.4B) exceed its long term liabilities (CN¥687.8M).
Debt to Equity History and Analysis
Debt Level: 002743's net debt to equity ratio (88.7%) is considered high.
Reducing Debt: 002743's debt to equity ratio has increased from 90.6% to 106.8% over the past 5 years.
Debt Coverage: 002743's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 002743's interest payments on its debt are not well covered by EBIT (1.6x coverage).