Huarong Chemical Balance Sheet Health
Financial Health criteria checks 4/6
Huarong Chemical has a total shareholder equity of CN¥1.7B and total debt of CN¥767.9M, which brings its debt-to-equity ratio to 45.3%. Its total assets and total liabilities are CN¥2.7B and CN¥987.6M respectively. Huarong Chemical's EBIT is CN¥65.9M making its interest coverage ratio -1.3. It has cash and short-term investments of CN¥2.0B.
Key information
45.3%
Debt to equity ratio
CN¥767.85m
Debt
| Interest coverage ratio | -1.3x |
| Cash | CN¥1.95b |
| Equity | CN¥1.69b |
| Total liabilities | CN¥987.63m |
| Total assets | CN¥2.68b |
Recent financial health updates
No updates
Recent updates
Huarong Chemical's (SZSE:301256) Anemic Earnings Might Be Worse Than You Think
Oct 28
Huarong Chemical Co., Ltd.'s (SZSE:301256) 45% Share Price Surge Not Quite Adding Up
Oct 15Huarong Chemical's (SZSE:301256) Dividend Will Be Increased To CN¥0.20
May 23Why Huarong Chemical's (SZSE:301256) Shaky Earnings Are Just The Beginning Of Its Problems
Apr 25Huarong Chemical (SZSE:301256) Might Be Having Difficulty Using Its Capital Effectively
Apr 16Financial Position Analysis
Short Term Liabilities: 301256's short term assets (CN¥2.3B) exceed its short term liabilities (CN¥987.1M).
Long Term Liabilities: 301256's short term assets (CN¥2.3B) exceed its long term liabilities (CN¥516.5K).
Debt to Equity History and Analysis
Debt Level: 301256 has more cash than its total debt.
Reducing Debt: 301256's debt to equity ratio has increased from 4.8% to 45.3% over the past 5 years.
Debt Coverage: 301256's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 301256 earns more interest than it pays, so coverage of interest payments is not a concern.