Shanghai Huafon Aluminium Corporation

XSSC:601702 Stock Report

Market Cap: CN¥19.3b

Shanghai Huafon Aluminium Balance Sheet Health

Financial Health criteria checks 5/6

Shanghai Huafon Aluminium has a total shareholder equity of CN¥4.8B and total debt of CN¥1.8B, which brings its debt-to-equity ratio to 38.4%. Its total assets and total liabilities are CN¥7.4B and CN¥2.6B respectively. Shanghai Huafon Aluminium's EBIT is CN¥1.1B making its interest coverage ratio 22.4. It has cash and short-term investments of CN¥568.5M.

Key information

38.4%

Debt to equity ratio

CN¥1.83b

Debt

Interest coverage ratio22.4x
CashCN¥568.51m
EquityCN¥4.78b
Total liabilitiesCN¥2.62b
Total assetsCN¥7.40b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 601702's short term assets (CN¥5.6B) exceed its short term liabilities (CN¥2.4B).

Long Term Liabilities: 601702's short term assets (CN¥5.6B) exceed its long term liabilities (CN¥198.7M).


Debt to Equity History and Analysis

Debt Level: 601702's net debt to equity ratio (26.5%) is considered satisfactory.

Reducing Debt: 601702's debt to equity ratio has reduced from 188.1% to 38.4% over the past 5 years.

Debt Coverage: 601702's debt is not well covered by operating cash flow (13.8%).

Interest Coverage: 601702's interest payments on its debt are well covered by EBIT (22.4x coverage).


Balance Sheet


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