Hongli Zhihui GroupLtd Balance Sheet Health
Financial Health criteria checks 5/6
Hongli Zhihui GroupLtd has a total shareholder equity of CN¥2.6B and total debt of CN¥866.4M, which brings its debt-to-equity ratio to 33.4%. Its total assets and total liabilities are CN¥5.7B and CN¥3.1B respectively. Hongli Zhihui GroupLtd's EBIT is CN¥90.8M making its interest coverage ratio -28.3. It has cash and short-term investments of CN¥828.2M.
Key information
33.4%
Debt to equity ratio
CN¥866.37m
Debt
| Interest coverage ratio | -28.3x |
| Cash | CN¥828.25m |
| Equity | CN¥2.59b |
| Total liabilities | CN¥3.08b |
| Total assets | CN¥5.67b |
Recent financial health updates
Is Hongli Zhihui GroupLtd (SZSE:300219) Using Too Much Debt?
Dec 18
Here's Why Hongli Zhihui GroupLtd (SZSE:300219) Has A Meaningful Debt Burden
Aug 19Recent updates
Is Hongli Zhihui GroupLtd (SZSE:300219) Using Too Much Debt?
Dec 18Hongli Zhihui GroupLtd's (SZSE:300219) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Nov 04Hongli Zhihui Group Co.,Ltd.'s (SZSE:300219) Share Price Not Quite Adding Up
Sep 26Here's Why Hongli Zhihui GroupLtd (SZSE:300219) Has A Meaningful Debt Burden
Aug 19Why Investors Shouldn't Be Surprised By Hongli Zhihui Group Co.,Ltd.'s (SZSE:300219) Low P/E
Jun 08Hongli Zhihui GroupLtd's (SZSE:300219) Returns On Capital Not Reflecting Well On The Business
May 21We Think Hongli Zhihui GroupLtd's (SZSE:300219) Robust Earnings Are Conservative
May 01Improved Earnings Required Before Hongli Zhihui Group Co.,Ltd. (SZSE:300219) Stock's 31% Jump Looks Justified
Mar 06Financial Position Analysis
Short Term Liabilities: 300219's short term assets (CN¥3.2B) exceed its short term liabilities (CN¥2.7B).
Long Term Liabilities: 300219's short term assets (CN¥3.2B) exceed its long term liabilities (CN¥391.1M).
Debt to Equity History and Analysis
Debt Level: 300219's net debt to equity ratio (1.5%) is considered satisfactory.
Reducing Debt: 300219's debt to equity ratio has increased from 12.4% to 33.4% over the past 5 years.
Debt Coverage: 300219's debt is well covered by operating cash flow (62.1%).
Interest Coverage: 300219 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 12:41 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 here.
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 .
Analyst Sources
Hongli Zhihui Group Co.,Ltd. is covered by 13 analysts. 0 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 |
|---|---|
| Zhiyong Zhu | AJ Securities Co., Ltd |
| Jian Kuai | Everbright Securities Co. Ltd. |
| Amy Song | Goldman Sachs |