Shanghai Huafon Aluminium Corporation

XSSC:601702 Stock Report

Market Cap: CN¥15.7b

Shanghai Huafon Aluminium Balance Sheet Health

Financial Health criteria checks 6/6

Shanghai Huafon Aluminium has a total shareholder equity of CN¥5.2B and total debt of CN¥1.6B, which brings its debt-to-equity ratio to 30.3%. Its total assets and total liabilities are CN¥7.6B and CN¥2.4B respectively. Shanghai Huafon Aluminium's EBIT is CN¥1.3B making its interest coverage ratio 28.4. It has cash and short-term investments of CN¥545.1M.

Key information

30.3%

Debt to equity ratio

CN¥1.57b

Debt

Interest coverage ratio28.4x
CashCN¥545.12m
EquityCN¥5.18b
Total liabilitiesCN¥2.39b
Total assetsCN¥7.57b

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¥1.9B).

Long Term Liabilities: 601702's short term assets (CN¥5.6B) exceed its long term liabilities (CN¥451.6M).


Debt to Equity History and Analysis

Debt Level: 601702's net debt to equity ratio (19.8%) is considered satisfactory.

Reducing Debt: 601702's debt to equity ratio has reduced from 174.8% to 30.3% over the past 5 years.

Debt Coverage: 601702's debt is well covered by operating cash flow (56.8%).

Interest Coverage: 601702's interest payments on its debt are well covered by EBIT (28.4x coverage).


Balance Sheet


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