Huafon Microfibre (Shanghai) Balance Sheet Health
Financial Health criteria checks 4/6
Huafon Microfibre (Shanghai) has a total shareholder equity of CN¥4.7B and total debt of CN¥1.7B, which brings its debt-to-equity ratio to 36.6%. Its total assets and total liabilities are CN¥7.1B and CN¥2.5B respectively. Huafon Microfibre (Shanghai)'s EBIT is CN¥13.6M making its interest coverage ratio 0.3. It has cash and short-term investments of CN¥435.4M.
Key information
36.6%
Debt to equity ratio
CN¥1.71b
Debt
| Interest coverage ratio | 0.3x |
| Cash | CN¥435.40m |
| Equity | CN¥4.68b |
| Total liabilities | CN¥2.46b |
| Total assets | CN¥7.15b |
Recent financial health updates
Does Huafon Microfibre (Shanghai) (SZSE:300180) Have A Healthy Balance Sheet?
Dec 17
Huafon Microfibre (Shanghai) (SZSE:300180) Is Carrying A Fair Bit Of Debt
Aug 08Recent updates
Does Huafon Microfibre (Shanghai) (SZSE:300180) Have A Healthy Balance Sheet?
Dec 17Huafon Microfibre (Shanghai) Co., Ltd.'s (SZSE:300180) 28% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio
Nov 20Estimating The Fair Value Of Huafon Microfibre (Shanghai) Co., Ltd. (SZSE:300180)
Oct 16Huafon Microfibre (Shanghai) Co., Ltd.'s (SZSE:300180) Shareholders Might Be Looking For Exit
Sep 25Huafon Microfibre (Shanghai) (SZSE:300180) Is Carrying A Fair Bit Of Debt
Aug 08Huafon Microfibre (Shanghai) Co., Ltd.'s (SZSE:300180) Share Price Boosted 42% But Its Business Prospects Need A Lift Too
May 21Estimating The Intrinsic Value Of Huafon Microfibre (Shanghai) Co., Ltd. (SZSE:300180)
Apr 24Huafon Microfibre (Shanghai) Co., Ltd.'s (SZSE:300180) Low P/S No Reason For Excitement
Mar 28Financial Position Analysis
Short Term Liabilities: 300180's short term assets (CN¥2.3B) exceed its short term liabilities (CN¥1.9B).
Long Term Liabilities: 300180's short term assets (CN¥2.3B) exceed its long term liabilities (CN¥597.6M).
Debt to Equity History and Analysis
Debt Level: 300180's net debt to equity ratio (27.3%) is considered satisfactory.
Reducing Debt: 300180's debt to equity ratio has increased from 32.6% to 36.6% over the past 5 years.
Debt Coverage: 300180's debt is well covered by operating cash flow (53.7%).
Interest Coverage: 300180's interest payments on its debt are not well covered by EBIT (0.3x coverage).