Hubei Heyuan GasLtd Balance Sheet Health
Financial Health criteria checks 0/6
Hubei Heyuan GasLtd has a total shareholder equity of CN¥1.3B and total debt of CN¥1.4B, which brings its debt-to-equity ratio to 106.2%. Its total assets and total liabilities are CN¥5.0B and CN¥3.6B respectively. Hubei Heyuan GasLtd's EBIT is CN¥143.2M making its interest coverage ratio 2.7. It has cash and short-term investments of CN¥212.6M.
Key information
106.2%
Debt to equity ratio
CN¥1.43b
Debt
| Interest coverage ratio | 2.7x |
| Cash | CN¥212.64m |
| Equity | CN¥1.34b |
| Total liabilities | CN¥3.61b |
| Total assets | CN¥4.96b |
Recent financial health updates
No updates
Recent updates
Hubei Heyuan Gas Co.,Ltd. (SZSE:002971) Stock Rockets 37% As Investors Are Less Pessimistic Than Expected
Oct 10
The Returns On Capital At Hubei Heyuan GasLtd (SZSE:002971) Don't Inspire Confidence
Sep 27Hubei Heyuan Gas Co.,Ltd.'s (SZSE:002971) Share Price Not Quite Adding Up
Jul 04There Are Reasons To Feel Uneasy About Hubei Heyuan GasLtd's (SZSE:002971) Returns On Capital
Jun 07Hubei Heyuan GasLtd's (SZSE:002971) Profits May Not Reveal Underlying Issues
May 01There's Reason For Concern Over Hubei Heyuan Gas Co.,Ltd.'s (SZSE:002971) Price
Mar 14Financial Position Analysis
Short Term Liabilities: 002971's short term assets (CN¥807.0M) do not cover its short term liabilities (CN¥1.7B).
Long Term Liabilities: 002971's short term assets (CN¥807.0M) do not cover its long term liabilities (CN¥1.9B).
Debt to Equity History and Analysis
Debt Level: 002971's net debt to equity ratio (90.3%) is considered high.
Reducing Debt: 002971's debt to equity ratio has increased from 48.1% to 106.2% over the past 5 years.
Debt Coverage: 002971's debt is not well covered by operating cash flow (18.3%).
Interest Coverage: 002971's interest payments on its debt are not well covered by EBIT (2.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 02:53 |
| End of Day Share Price | 2024/12/25 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 Heyuan Gas Co.,Ltd. is covered by 3 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 |
|---|---|
| Nai Di Zhao | Everbright Securities Co. Ltd. |
| Wei Liu | Haitong International Research Limited |
| Jian Pan | Tianfeng Securities Brokerage Co., Ltd |