Hunan Aihua Group Balance Sheet Health
Financial Health criteria checks 6/6
Hunan Aihua Group has a total shareholder equity of CN¥3.6B and total debt of CN¥551.4M, which brings its debt-to-equity ratio to 15.2%. Its total assets and total liabilities are CN¥5.6B and CN¥2.0B respectively. Hunan Aihua Group's EBIT is CN¥365.6M making its interest coverage ratio 50.9. It has cash and short-term investments of CN¥1.5B.
Key information
15.2%
Debt to equity ratio
CN¥551.37m
Debt
Interest coverage ratio | 50.9x |
Cash | CN¥1.47b |
Equity | CN¥3.62b |
Total liabilities | CN¥1.97b |
Total assets | CN¥5.58b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603989's short term assets (CN¥3.9B) exceed its short term liabilities (CN¥1.8B).
Long Term Liabilities: 603989's short term assets (CN¥3.9B) exceed its long term liabilities (CN¥127.4M).
Debt to Equity History and Analysis
Debt Level: 603989 has more cash than its total debt.
Reducing Debt: 603989's debt to equity ratio has reduced from 25.5% to 15.2% over the past 5 years.
Debt Coverage: 603989's debt is well covered by operating cash flow (30.7%).
Interest Coverage: 603989's interest payments on its debt are well covered by EBIT (50.9x coverage).