Shenzhen HeungKong HoldingLtd Balance Sheet Health
Financial Health criteria checks 4/6
Shenzhen HeungKong HoldingLtd has a total shareholder equity of CN¥5.8B and total debt of CN¥3.3B, which brings its debt-to-equity ratio to 56.9%. Its total assets and total liabilities are CN¥18.4B and CN¥12.6B respectively. Shenzhen HeungKong HoldingLtd's EBIT is CN¥34.1M making its interest coverage ratio 0.2. It has cash and short-term investments of CN¥1.4B.
Key information
56.9%
Debt to equity ratio
CN¥3.31b
Debt
| Interest coverage ratio | 0.2x |
| Cash | CN¥1.36b |
| Equity | CN¥5.82b |
| Total liabilities | CN¥12.59b |
| Total assets | CN¥18.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600162's short term assets (CN¥12.8B) exceed its short term liabilities (CN¥10.4B).
Long Term Liabilities: 600162's short term assets (CN¥12.8B) exceed its long term liabilities (CN¥2.2B).
Debt to Equity History and Analysis
Debt Level: 600162's net debt to equity ratio (33.6%) is considered satisfactory.
Reducing Debt: 600162's debt to equity ratio has reduced from 124.7% to 56.9% over the past 5 years.
Debt Coverage: 600162's debt is not well covered by operating cash flow (16.4%).
Interest Coverage: 600162's interest payments on its debt are not well covered by EBIT (0.2x coverage).