Jiangsu Huachang Chemical Co., Ltd

XSEC:002274 Stock Report

Market Cap: CN¥7.4b

Jiangsu Huachang Chemical Balance Sheet Health

Financial Health criteria checks 6/6

Jiangsu Huachang Chemical has a total shareholder equity of CN¥5.8B and total debt of CN¥100.5M, which brings its debt-to-equity ratio to 1.7%. Its total assets and total liabilities are CN¥7.8B and CN¥2.0B respectively. Jiangsu Huachang Chemical's EBIT is CN¥968.4M making its interest coverage ratio -18.4. It has cash and short-term investments of CN¥521.9M.

Key information

1.7%

Debt to equity ratio

CN¥100.48m

Debt

Interest coverage ratio-18.4x
CashCN¥521.92m
EquityCN¥5.79b
Total liabilitiesCN¥2.03b
Total assetsCN¥7.82b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 002274's short term assets (CN¥3.0B) exceed its short term liabilities (CN¥2.0B).

Long Term Liabilities: 002274's short term assets (CN¥3.0B) exceed its long term liabilities (CN¥4.9M).


Debt to Equity History and Analysis

Debt Level: 002274 has more cash than its total debt.

Reducing Debt: 002274's debt to equity ratio has reduced from 87% to 1.7% over the past 5 years.

Debt Coverage: 002274's debt is well covered by operating cash flow (609.2%).

Interest Coverage: 002274 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Discover healthy companies