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 |
| Cash | CN¥966.45m |
| Equity | CN¥2.43b |
| Total liabilities | CN¥429.08m |
| Total assets | CN¥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
We Think Puyang Huicheng Electronic Material (SZSE:300481) Can Stay On Top Of Its Debt
Jun 21Puyang 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¥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.