Hongli Zhihui Group Co.,Ltd.

XSEC:300219 Stock Report

Market Cap: CN¥5.5b

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
CashCN¥828.25m
EquityCN¥2.59b
Total liabilitiesCN¥3.08b
Total assetsCN¥5.67b

Recent financial health updates

No updates

Recent updates

Financial 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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