Hubei Kailong Chemical Group Balance Sheet Health
Financial Health criteria checks 4/6
Hubei Kailong Chemical Group has a total shareholder equity of CN¥3.5B and total debt of CN¥2.1B, which brings its debt-to-equity ratio to 61.1%. Its total assets and total liabilities are CN¥8.3B and CN¥4.9B respectively. Hubei Kailong Chemical Group's EBIT is CN¥372.2M making its interest coverage ratio 7.6. It has cash and short-term investments of CN¥1.3B.
Key information
61.1%
Debt to equity ratio
CN¥2.11b
Debt
| Interest coverage ratio | 7.6x |
| Cash | CN¥1.31b |
| Equity | CN¥3.45b |
| Total liabilities | CN¥4.87b |
| Total assets | CN¥8.32b |
Recent financial health updates
No updates
Recent updates
Hubei Kailong Chemical Group (SZSE:002783) Hasn't Managed To Accelerate Its Returns
Nov 11
Investors Shouldn't Be Too Comfortable With Hubei Kailong Chemical Group's (SZSE:002783) Earnings
May 01Even With A 28% Surge, Cautious Investors Are Not Rewarding Hubei Kailong Chemical Group Co., Ltd.'s (SZSE:002783) Performance Completely
Mar 06Financial Position Analysis
Short Term Liabilities: 002783's short term assets (CN¥3.3B) do not cover its short term liabilities (CN¥3.4B).
Long Term Liabilities: 002783's short term assets (CN¥3.3B) exceed its long term liabilities (CN¥1.4B).
Debt to Equity History and Analysis
Debt Level: 002783's net debt to equity ratio (23.1%) is considered satisfactory.
Reducing Debt: 002783's debt to equity ratio has increased from 56.7% to 61.1% over the past 5 years.
Debt Coverage: 002783's debt is well covered by operating cash flow (21.1%).
Interest Coverage: 002783's interest payments on its debt are well covered by EBIT (7.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 01:44 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Hubei Kailong Chemical Group Co., Ltd. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Xi Liu | Huatai Research |