Puyang Huicheng Electronic Material Balance Sheet Health
Financial Health criteria checks 6/6
Puyang Huicheng Electronic Material has a total shareholder equity of CN¥2.5B and total debt of CN¥255.6M, which brings its debt-to-equity ratio to 10.2%. Its total assets and total liabilities are CN¥2.9B and CN¥388.8M respectively. Puyang Huicheng Electronic Material's EBIT is CN¥193.1M making its interest coverage ratio -6.1. It has cash and short-term investments of CN¥924.2M.
Key information
10.2%
Debt to equity ratio
CN¥255.60m
Debt
| Interest coverage ratio | -6.1x |
| Cash | CN¥924.19m |
| Equity | CN¥2.50b |
| Total liabilities | CN¥388.80m |
| Total assets | CN¥2.89b |
Recent financial health updates
Recent updates
We Think Puyang Huicheng Electronic Material (SZSE:300481) Can Stay On Top Of Its Debt
Jun 21
Puyang Huicheng Electronic Material (SZSE:300481) Has Announced A Dividend Of CN¥0.40
May 21Puyang Huicheng Electronic Material Co., Ltd.'s (SZSE:300481) Price Is Right But Growth Is Lacking After Shares Rocket 26%
May 10The Returns At Puyang Huicheng Electronic Material (SZSE:300481) Aren't Growing
Mar 28Puyang Huicheng Electronic Material Co., Ltd.'s (SZSE:300481) Price Is Right But Growth Is Lacking After Shares Rocket 28%
Mar 06Financial Position Analysis
Short Term Liabilities: 300481's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥216.3M).
Long Term Liabilities: 300481's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥172.5M).
Debt to Equity History and Analysis
Debt Level: 300481 has more cash than its total debt.
Reducing Debt: 300481's debt to equity ratio has reduced from 16.7% to 10.2% over the past 5 years.
Debt Coverage: 300481's debt is well covered by operating cash flow (142.3%).
Interest Coverage: 300481 earns more interest than it pays, so coverage of interest payments is not a concern.