Shunfa Hengneng Balance Sheet Health
Financial Health criteria checks 5/6
Shunfa Hengneng has a total shareholder equity of CN¥6.0B and total debt of CN¥43.7K, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥7.0B and CN¥1.0B respectively. Shunfa Hengneng's EBIT is CN¥340.8M making its interest coverage ratio -4. It has cash and short-term investments of CN¥5.1B.
Key information
0.0007%
Debt to equity ratio
CN¥43.65k
Debt
| Interest coverage ratio | -4x |
| Cash | CN¥5.14b |
| Equity | CN¥5.96b |
| Total liabilities | CN¥1.04b |
| Total assets | CN¥7.00b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000631's short term assets (CN¥6.2B) exceed its short term liabilities (CN¥1.0B).
Long Term Liabilities: 000631's short term assets (CN¥6.2B) exceed its long term liabilities (CN¥154.9K).
Debt to Equity History and Analysis
Debt Level: 000631 has more cash than its total debt.
Reducing Debt: 000631's debt to equity ratio has reduced from 22.6% to 0% over the past 5 years.
Debt Coverage: 000631's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 000631 earns more interest than it pays, so coverage of interest payments is not a concern.