Hexing ElectricalLtd Balance Sheet Health
Financial Health criteria checks 6/6
Hexing ElectricalLtd has a total shareholder equity of CN¥6.9B and total debt of CN¥428.4M, which brings its debt-to-equity ratio to 6.3%. Its total assets and total liabilities are CN¥9.2B and CN¥2.3B respectively. Hexing ElectricalLtd's EBIT is CN¥999.3M making its interest coverage ratio -5.1. It has cash and short-term investments of CN¥4.7B.
Key information
6.3%
Debt to equity ratio
CN¥428.40m
Debt
Interest coverage ratio | -5.1x |
Cash | CN¥4.66b |
Equity | CN¥6.85b |
Total liabilities | CN¥2.31b |
Total assets | CN¥9.16b |
Recent financial health updates
Recent updates
Calculating The Fair Value Of Hexing Electrical Co.,Ltd. (SHSE:603556)
Jul 12The Return Trends At Hexing ElectricalLtd (SHSE:603556) Look Promising
Jun 07Is Hexing ElectricalLtd (SHSE:603556) A Risky Investment?
May 24With EPS Growth And More, Hexing ElectricalLtd (SHSE:603556) Makes An Interesting Case
May 10Hexing Electrical Co.,Ltd. (SHSE:603556) Surges 26% Yet Its Low P/E Is No Reason For Excitement
Apr 26Calculating The Fair Value Of Hexing Electrical Co.,Ltd. (SHSE:603556)
Mar 19Hexing Electrical Co.,Ltd.'s (SHSE:603556) Shares Bounce 32% But Its Business Still Trails The Market
Mar 04Hexing ElectricalLtd (SHSE:603556) Has More To Do To Multiply In Value Going Forward
Mar 01Financial Position Analysis
Short Term Liabilities: 603556's short term assets (CN¥6.9B) exceed its short term liabilities (CN¥2.0B).
Long Term Liabilities: 603556's short term assets (CN¥6.9B) exceed its long term liabilities (CN¥286.8M).
Debt to Equity History and Analysis
Debt Level: 603556 has more cash than its total debt.
Reducing Debt: 603556's debt to equity ratio has reduced from 10.2% to 6.3% over the past 5 years.
Debt Coverage: 603556's debt is well covered by operating cash flow (323.8%).
Interest Coverage: 603556 earns more interest than it pays, so coverage of interest payments is not a concern.