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¥531.6M, which brings its debt-to-equity ratio to 38.3%. Its total assets and total liabilities are CN¥2.5B and CN¥1.1B respectively.
Key information
38.3%
Debt to equity ratio
CN¥531.59m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥241.03m |
| Equity | CN¥1.39b |
| Total liabilities | CN¥1.12b |
| Total assets | CN¥2.51b |
Recent financial health updates
No updates
Recent updates
Revenues Not Telling The Story For Hunan Hengguang Technology Co., Ltd. (SZSE:301118) After Shares Rise 25%
Nov 17
Hunan Hengguang Technology Co., Ltd. (SZSE:301118) Stock Rockets 26% As Investors Are Less Pessimistic Than Expected
Jul 19Some 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¥693.1M).
Long Term Liabilities: 301118's short term assets (CN¥1.0B) exceed its long term liabilities (CN¥428.6M).
Debt to Equity History and Analysis
Debt Level: 301118's net debt to equity ratio (21%) is considered satisfactory.
Reducing Debt: 301118's debt to equity ratio has increased from 1.6% to 38.3% over the past 5 years.
Debt Coverage: 301118's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 301118's interest payments on its debt are well covered by EBIT.