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¥44.1K, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥7.0B and CN¥1.3B respectively. Shunfa Hengneng's EBIT is CN¥334.9M making its interest coverage ratio -4.9. It has cash and short-term investments of CN¥5.2B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -4x |
| Cash | CN¥5.21b |
| Equity | CN¥5.75b |
| Total liabilities | CN¥1.26b |
| Total assets | CN¥7.01b |
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¥1.3B).
Long Term Liabilities: 000631's short term assets (CN¥6.2B) exceed its long term liabilities (CN¥146.0K).
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 23.4% to 0% over the past 5 years.
Debt Coverage: 000631's debt is well covered by operating cash flow (106456.3%).
Interest Coverage: 000631 earns more interest than it pays, so coverage of interest payments is not a concern.