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
Recent updates
Hongli Zhihui GroupLtd's (SZSE:300219) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Nov 04
Hongli 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.