Henan Yicheng New Energy Balance Sheet Health
Financial Health criteria checks 3/6
Henan Yicheng New Energy has a total shareholder equity of CN¥5.7B and total debt of CN¥2.2B, which brings its debt-to-equity ratio to 38.8%. Its total assets and total liabilities are CN¥13.7B and CN¥8.0B respectively.
Key information
38.8%
Debt to equity ratio
CN¥2.22b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.66b |
| Equity | CN¥5.71b |
| Total liabilities | CN¥7.99b |
| Total assets | CN¥13.70b |
Recent financial health updates
Is Henan Yicheng New Energy (SZSE:300080) Using Too Much Debt?
Jun 06
Is Henan Yicheng New Energy (SZSE:300080) A Risky Investment?
Feb 26Recent updates
Improved Revenues Required Before Henan Yicheng New Energy Co., Ltd. (SZSE:300080) Shares Find Their Feet
Dec 31Henan Yicheng New Energy Co., Ltd. (SZSE:300080) Shares Fly 28% But Investors Aren't Buying For Growth
Sep 24The Returns On Capital At Henan Yicheng New Energy (SZSE:300080) Don't Inspire Confidence
Jul 31Henan Yicheng New Energy Co., Ltd. (SZSE:300080) Might Not Be As Mispriced As It Looks After Plunging 25%
Jun 25Is Henan Yicheng New Energy (SZSE:300080) Using Too Much Debt?
Jun 06We Believe That Henan Yicheng New Energy's (SZSE:300080) Weak Earnings Are A Good Indicator Of Underlying Profitability
Apr 19Henan Yicheng New Energy Co., Ltd.'s (SZSE:300080) Share Price Boosted 26% But Its Business Prospects Need A Lift Too
Mar 06Is Henan Yicheng New Energy (SZSE:300080) A Risky Investment?
Feb 26Financial Position Analysis
Short Term Liabilities: 300080's short term assets (CN¥7.1B) exceed its short term liabilities (CN¥5.4B).
Long Term Liabilities: 300080's short term assets (CN¥7.1B) exceed its long term liabilities (CN¥2.6B).
Debt to Equity History and Analysis
Debt Level: 300080's net debt to equity ratio (9.7%) is considered satisfactory.
Reducing Debt: 300080's debt to equity ratio has increased from 33.8% to 38.8% over the past 5 years.
Debt Coverage: 300080's debt is not well covered by operating cash flow (5.7%).
Interest Coverage: Insufficient data to determine if 300080's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/07 19:09 |
| End of Day Share Price | 2025/01/07 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Henan Yicheng New Energy 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 |
|---|---|
| Yongkang Deng | Minsheng Securities Co. |