Hongyuan Green EnergyLtd Balance Sheet Health
Financial Health criteria checks 2/6
Hongyuan Green EnergyLtd has a total shareholder equity of CN¥11.8B and total debt of CN¥2.5B, which brings its debt-to-equity ratio to 21.2%. Its total assets and total liabilities are CN¥28.2B and CN¥16.4B respectively.
Key information
21.24%
Debt to equity ratio
CN¥2.51b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥8.83b |
| Equity | CN¥11.80b |
| Total liabilities | CN¥16.40b |
| Total assets | CN¥28.21b |
Recent financial health updates
Health Check: How Prudently Does Hongyuan Green EnergyLtd (SHSE:603185) Use Debt?
Mar 24
Is Hoyuan Green Energy (SHSE:603185) Using Too Much Debt?
Nov 29Is Hoyuan Green Energy (SHSE:603185) Weighed On By Its Debt Load?
Jul 23Recent updates
Health Check: How Prudently Does Hongyuan Green EnergyLtd (SHSE:603185) Use Debt?
Mar 24Cautious Investors Not Rewarding Hoyuan Green Energy Co., Ltd.'s (SHSE:603185) Performance Completely
Jan 27Is Hoyuan Green Energy (SHSE:603185) Using Too Much Debt?
Nov 29Hoyuan Green Energy Co., Ltd. (SHSE:603185) Stock Rockets 40% But Many Are Still Ignoring The Company
Oct 08Is Hoyuan Green Energy (SHSE:603185) Weighed On By Its Debt Load?
Jul 23Hoyuan Green Energy Co., Ltd.'s (SHSE:603185) Shares Not Telling The Full Story
May 29Hoyuan Green Energy Co., Ltd.'s (SHSE:603185) Subdued P/E Might Signal An Opportunity
Feb 27Financial Position Analysis
Short Term Liabilities: 603185's short term assets (CN¥12.9B) do not cover its short term liabilities (CN¥15.6B).
Long Term Liabilities: 603185's short term assets (CN¥12.9B) exceed its long term liabilities (CN¥816.4M).
Debt to Equity History and Analysis
Debt Level: 603185 has more cash than its total debt.
Reducing Debt: 603185's debt to equity ratio has increased from 6.8% to 21.2% over the past 5 years.
Debt Coverage: 603185's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 603185's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/20 21:29 |
| End of Day Share Price | 2025/05/20 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Hongyuan Green Energy Co.,Ltd. is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Sophia Zhang | China Stock Investment Research Co. Ltd. (GZ500..com) |
| Jing Hou | Morgan Stanley |