Shanghai HIUV New MaterialsLtd Balance Sheet Health
Financial Health criteria checks 3/6
Shanghai HIUV New MaterialsLtd has a total shareholder equity of CN¥1.9B and total debt of CN¥1.3B, which brings its debt-to-equity ratio to 69.6%. Its total assets and total liabilities are CN¥3.7B and CN¥1.8B respectively.
Key information
69.6%
Debt to equity ratio
CN¥1.34b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥318.56m |
| Equity | CN¥1.92b |
| Total liabilities | CN¥1.76b |
| Total assets | CN¥3.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688680's short term assets (CN¥2.3B) exceed its short term liabilities (CN¥968.7M).
Long Term Liabilities: 688680's short term assets (CN¥2.3B) exceed its long term liabilities (CN¥791.6M).
Debt to Equity History and Analysis
Debt Level: 688680's net debt to equity ratio (53%) is considered high.
Reducing Debt: 688680's debt to equity ratio has increased from 26.7% to 69.6% over the past 5 years.
Debt Coverage: 688680's debt is well covered by operating cash flow (57.9%).
Interest Coverage: Insufficient data to determine if 688680's interest payments on its debt are well covered by EBIT.