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 ratio | 7.8x |
| Cash | CN¥234.70m |
| Equity | CN¥1.87b |
| Total liabilities | CN¥1.72b |
| Total assets | CN¥3.59b |
Recent financial health updates
Recent updates
Is Now The Time To Look At Buying Anshan Hifichem Co., Ltd. (SZSE:300758)?
Nov 18
Anshan Hifichem (SZSE:300758) Might Be Having Difficulty Using Its Capital Effectively
Oct 20Why Investors Shouldn't Be Surprised By Anshan Hifichem Co., Ltd.'s (SZSE:300758) 27% Share Price Surge
Oct 01Anshan Hifichem (SZSE:300758) Has A Somewhat Strained Balance Sheet
Jul 26There's Reason For Concern Over Anshan Hifichem Co., Ltd.'s (SZSE:300758) Massive 30% Price Jump
May 27Anshan Hifichem (SZSE:300758) Could Be Struggling To Allocate Capital
May 06With Anshan Hifichem Co., Ltd. (SZSE:300758) It Looks Like You'll Get What You Pay For
Feb 28Financial 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).