Wuxi Honghui New Materials Technology Balance Sheet Health
Financial Health criteria checks 6/6
Wuxi Honghui New Materials Technology has a total shareholder equity of CN¥634.5M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥704.1M and CN¥69.6M respectively. Wuxi Honghui New Materials Technology's EBIT is CN¥54.3M making its interest coverage ratio -10.2. It has cash and short-term investments of CN¥292.8M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -10.2x |
| Cash | CN¥292.78m |
| Equity | CN¥634.51m |
| Total liabilities | CN¥69.63m |
| Total assets | CN¥704.14m |
Recent financial health updates
No updates
Recent updates
Wuxi Honghui New Materials Technology (SZSE:002802) Will Be Hoping To Turn Its Returns On Capital Around
Nov 25
We Think That There Are More Issues For Wuxi Honghui New Materials Technology (SZSE:002802) Than Just Sluggish Earnings
Nov 04Risks To Shareholder Returns Are Elevated At These Prices For Wuxi Honghui New Materials Technology Co., Ltd. (SZSE:002802)
Oct 23Wuxi Honghui New Materials Technology Co., Ltd.'s (SZSE:002802) 37% Price Boost Is Out Of Tune With Earnings
May 21Wuxi Honghui New Materials Technology's (SZSE:002802) Weak Earnings May Only Reveal A Part Of The Whole Picture
May 03There's Reason For Concern Over Wuxi Honghui New Materials Technology Co., Ltd.'s (SZSE:002802) Massive 27% Price Jump
Mar 11Financial Position Analysis
Short Term Liabilities: 002802's short term assets (CN¥506.1M) exceed its short term liabilities (CN¥62.0M).
Long Term Liabilities: 002802's short term assets (CN¥506.1M) exceed its long term liabilities (CN¥7.7M).
Debt to Equity History and Analysis
Debt Level: 002802 is debt free.
Reducing Debt: 002802 had no debt 5 years ago.
Debt Coverage: 002802 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 002802 has no debt, therefore coverage of interest payments is not a concern.