Hengyi Petrochemical Balance Sheet Health
Financial Health criteria checks 1/6
Hengyi Petrochemical has a total shareholder equity of CN¥30.8B and total debt of CN¥68.4B, which brings its debt-to-equity ratio to 222%. Its total assets and total liabilities are CN¥109.9B and CN¥79.1B respectively. Hengyi Petrochemical's EBIT is CN¥2.9B making its interest coverage ratio 1.4. It has cash and short-term investments of CN¥12.4B.
Key information
222.0%
Debt to equity ratio
CN¥68.42b
Debt
| Interest coverage ratio | 1.4x |
| Cash | CN¥12.39b |
| Equity | CN¥30.82b |
| Total liabilities | CN¥79.11b |
| Total assets | CN¥109.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000703's short term assets (CN¥38.6B) do not cover its short term liabilities (CN¥57.8B).
Long Term Liabilities: 000703's short term assets (CN¥38.6B) exceed its long term liabilities (CN¥21.4B).
Debt to Equity History and Analysis
Debt Level: 000703's net debt to equity ratio (181.8%) is considered high.
Reducing Debt: 000703's debt to equity ratio has increased from 133.1% to 222% over the past 5 years.
Debt Coverage: 000703's debt is not well covered by operating cash flow (6.7%).
Interest Coverage: 000703's interest payments on its debt are not well covered by EBIT (1.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 12:12 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Hengyi Petrochemical Co., Ltd. is covered by 15 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ruzhen Ye | Changjiang Securities Co. LTD. |
| Fu Yang | Chasing Securities |
| Bei Na Yan | China International Capital Corporation Limited |