Anshan Hifichem Co., Ltd.

SZSE:300758 Stock Report

Market Cap: CN¥5.5b

Anshan Hifichem Balance Sheet Health

Financial Health criteria checks 4/6

Anshan Hifichem has a total shareholder equity of CN¥1.9B and total debt of CN¥797.7M, which brings its debt-to-equity ratio to 42.6%. Its total assets and total liabilities are CN¥3.6B and CN¥1.7B respectively. Anshan Hifichem's EBIT is CN¥194.9M making its interest coverage ratio 7.8. It has cash and short-term investments of CN¥234.7M.

Key information

42.6%

Debt to equity ratio

CN¥797.68m

Debt

Interest coverage ratio7.8x
CashCN¥234.70m
EquityCN¥1.87b
Total liabilitiesCN¥1.72b
Total assetsCN¥3.59b

Recent financial health updates

Recent updates

Is Now The Time To Look At Buying Anshan Hifichem Co., Ltd. (SZSE:300758)?

Nov 18
Is Now The Time To Look At Buying Anshan Hifichem Co., Ltd. (SZSE:300758)?

Anshan Hifichem (SZSE:300758) Might Be Having Difficulty Using Its Capital Effectively

Oct 20
Anshan Hifichem (SZSE:300758) Might Be Having Difficulty Using Its Capital Effectively

Why Investors Shouldn't Be Surprised By Anshan Hifichem Co., Ltd.'s (SZSE:300758) 27% Share Price Surge

Oct 01
Why Investors Shouldn't Be Surprised By Anshan Hifichem Co., Ltd.'s (SZSE:300758) 27% Share Price Surge

Anshan Hifichem (SZSE:300758) Has A Somewhat Strained Balance Sheet

Jul 26
Anshan Hifichem (SZSE:300758) Has A Somewhat Strained Balance Sheet

There's Reason For Concern Over Anshan Hifichem Co., Ltd.'s (SZSE:300758) Massive 30% Price Jump

May 27
There's Reason For Concern Over Anshan Hifichem Co., Ltd.'s (SZSE:300758) Massive 30% Price Jump

Anshan Hifichem (SZSE:300758) Could Be Struggling To Allocate Capital

May 06
Anshan Hifichem (SZSE:300758) Could Be Struggling To Allocate Capital

With Anshan Hifichem Co., Ltd. (SZSE:300758) It Looks Like You'll Get What You Pay For

Feb 28
With Anshan Hifichem Co., Ltd. (SZSE:300758) It Looks Like You'll Get What You Pay For

Financial Position Analysis

Short Term Liabilities: 300758's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥801.7M).

Long Term Liabilities: 300758's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥918.5M).


Debt to Equity History and Analysis

Debt Level: 300758's net debt to equity ratio (30.1%) is considered satisfactory.

Reducing Debt: 300758's debt to equity ratio has increased from 5.1% to 42.6% over the past 5 years.

Debt Coverage: 300758's debt is not well covered by operating cash flow (16.3%).

Interest Coverage: 300758's interest payments on its debt are well covered by EBIT (7.8x coverage).


Balance Sheet


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