Hefei Urban Construction Development Balance Sheet Health
Financial Health criteria checks 4/6
Hefei Urban Construction Development has a total shareholder equity of CN¥10.9B and total debt of CN¥9.9B, which brings its debt-to-equity ratio to 91%. Its total assets and total liabilities are CN¥37.9B and CN¥27.0B respectively. Hefei Urban Construction Development's EBIT is CN¥971.6M making its interest coverage ratio 7.7. It has cash and short-term investments of CN¥3.7B.
Key information
91.0%
Debt to equity ratio
CN¥9.94b
Debt
| Interest coverage ratio | 7.7x |
| Cash | CN¥3.71b |
| Equity | CN¥10.92b |
| Total liabilities | CN¥26.99b |
| Total assets | CN¥37.91b |
Recent financial health updates
Recent updates
Hefei Urban Construction Development Co., Ltd (SZSE:002208) Shares Fly 33% But Investors Aren't Buying For Growth
Nov 12
Hefei Urban Construction Development (SZSE:002208) Has No Shortage Of Debt
Oct 24Hefei Urban Construction Development Co., Ltd (SZSE:002208) Shares Fly 42% But Investors Aren't Buying For Growth
Sep 26There's Reason For Concern Over Hefei Urban Construction Development Co., Ltd's (SZSE:002208) Massive 28% Price Jump
May 21There May Be Reason For Hope In Hefei Urban Construction Development's (SZSE:002208) Disappointing Earnings
May 03Financial Position Analysis
Short Term Liabilities: 002208's short term assets (CN¥34.4B) exceed its short term liabilities (CN¥20.8B).
Long Term Liabilities: 002208's short term assets (CN¥34.4B) exceed its long term liabilities (CN¥6.2B).
Debt to Equity History and Analysis
Debt Level: 002208's net debt to equity ratio (57%) is considered high.
Reducing Debt: 002208's debt to equity ratio has reduced from 155.5% to 91% over the past 5 years.
Debt Coverage: 002208's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 002208's interest payments on its debt are well covered by EBIT (7.7x coverage).