Shunfa Hengneng Balance Sheet Health
Financial Health criteria checks 6/6
Shunfa Hengneng has a total shareholder equity of CN¥5.8B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥6.8B and CN¥1.0B respectively. Shunfa Hengneng's EBIT is CN¥84.4M making its interest coverage ratio -1. It has cash and short-term investments of CN¥5.0B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -1x |
| Cash | CN¥5.00b |
| Equity | CN¥5.77b |
| Total liabilities | CN¥1.05b |
| Total assets | CN¥6.82b |
Recent financial health updates
No updates
Recent updates
Shunfa Hengneng Corporation (SZSE:000631) Stock Rockets 27% As Investors Are Less Pessimistic Than Expected
Nov 30
Shunfa Hengneng Corporation's (SZSE:000631) Shares Bounce 27% But Its Business Still Trails The Market
Sep 30Shunfa Hengneng (SZSE:000631) Shareholders Should Be Cautious Despite Solid Earnings
Sep 02The Market Doesn't Like What It Sees From Shunfa Hengye Corporation's (SZSE:000631) Earnings Yet
May 31Financial Position Analysis
Short Term Liabilities: 000631's short term assets (CN¥5.8B) exceed its short term liabilities (CN¥1.0B).
Long Term Liabilities: 000631's short term assets (CN¥5.8B) exceed its long term liabilities (CN¥93.4K).
Debt to Equity History and Analysis
Debt Level: 000631 is debt free.
Reducing Debt: 000631 has no debt compared to 5 years ago when its debt to equity ratio was 4.6%.
Debt Coverage: 000631 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 000631 has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 00:25 |
| 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
Shunfa Hengneng Corporation is covered by 2 analysts. 0 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 |
|---|---|
| Dong Pu | Changjiang Securities Co. LTD. |
| Jun Hong | Shenwan Hongyuan Securities |