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
Financial 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.