Puyang Huicheng Electronic Material Co., Ltd.

SZSE:300481 Stock Report

Market Cap: CN¥4.5b

Puyang Huicheng Electronic Material Balance Sheet Health

Financial Health criteria checks 5/6

Puyang Huicheng Electronic Material has a total shareholder equity of CN¥2.4B and total debt of CN¥228.6M, which brings its debt-to-equity ratio to 9.4%. Its total assets and total liabilities are CN¥2.9B and CN¥429.1M respectively. Puyang Huicheng Electronic Material's EBIT is CN¥171.5M making its interest coverage ratio -5. It has cash and short-term investments of CN¥966.5M.

Key information

9.4%

Debt to equity ratio

CN¥228.59m

Debt

Interest coverage ratio-5x
CashCN¥966.45m
EquityCN¥2.43b
Total liabilitiesCN¥429.08m
Total assetsCN¥2.86b

Recent financial health updates

Recent updates

Puyang Huicheng Electronic Material Co., Ltd. (SZSE:300481) Doing What It Can To Lift Shares

Sep 30
Puyang Huicheng Electronic Material Co., Ltd. (SZSE:300481) Doing What It Can To Lift Shares

We Think Puyang Huicheng Electronic Material (SZSE:300481) Can Stay On Top Of Its Debt

Jun 21
We Think Puyang Huicheng Electronic Material (SZSE:300481) Can Stay On Top Of Its Debt

Puyang Huicheng Electronic Material (SZSE:300481) Has Announced A Dividend Of CN¥0.40

May 21
Puyang Huicheng Electronic Material (SZSE:300481) Has Announced A Dividend Of CN¥0.40

Puyang Huicheng Electronic Material Co., Ltd.'s (SZSE:300481) Price Is Right But Growth Is Lacking After Shares Rocket 26%

May 10
Puyang Huicheng Electronic Material Co., Ltd.'s (SZSE:300481) Price Is Right But Growth Is Lacking After Shares Rocket 26%

The Returns At Puyang Huicheng Electronic Material (SZSE:300481) Aren't Growing

Mar 28
The Returns At Puyang Huicheng Electronic Material (SZSE:300481) Aren't Growing

Puyang Huicheng Electronic Material Co., Ltd.'s (SZSE:300481) Price Is Right But Growth Is Lacking After Shares Rocket 28%

Mar 06
Puyang Huicheng Electronic Material Co., Ltd.'s (SZSE:300481) Price Is Right But Growth Is Lacking After Shares Rocket 28%

Financial Position Analysis

Short Term Liabilities: 300481's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥384.2M).

Long Term Liabilities: 300481's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥44.8M).


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 increased from 0% to 9.4% over the past 5 years.

Debt Coverage: 300481's debt is well covered by operating cash flow (153.5%).

Interest Coverage: 300481 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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