Hunan Hengguang Technology Balance Sheet Health
Financial Health criteria checks 3/6
Hunan Hengguang Technology has a total shareholder equity of CN¥1.4B and total debt of CN¥537.6M, which brings its debt-to-equity ratio to 38.1%. Its total assets and total liabilities are CN¥2.4B and CN¥1.0B respectively.
Key information
38.1%
Debt to equity ratio
CN¥537.56m
Debt
Interest coverage ratio | n/a |
Cash | CN¥214.42m |
Equity | CN¥1.41b |
Total liabilities | CN¥1.02b |
Total assets | CN¥2.43b |
Recent financial health updates
No updates
Recent updates
Some Hunan Hengguang Technology Co., Ltd. (SZSE:301118) Shareholders Look For Exit As Shares Take 26% Pounding
May 03Hunan Hengguang Technology Co., Ltd. (SZSE:301118) Stock Rockets 37% As Investors Are Less Pessimistic Than Expected
Mar 08The Returns On Capital At Hunan Hengguang Technology (SZSE:301118) Don't Inspire Confidence
Mar 06Financial Position Analysis
Short Term Liabilities: 301118's short term assets (CN¥1.0B) exceed its short term liabilities (CN¥477.8M).
Long Term Liabilities: 301118's short term assets (CN¥1.0B) exceed its long term liabilities (CN¥543.9M).
Debt to Equity History and Analysis
Debt Level: 301118's net debt to equity ratio (22.9%) is considered satisfactory.
Reducing Debt: 301118's debt to equity ratio has increased from 3.3% to 38.1% over the past 5 years.
Debt Coverage: 301118's debt is not well covered by operating cash flow (3%).
Interest Coverage: Insufficient data to determine if 301118's interest payments on its debt are well covered by EBIT.