Hunan Aihua Group Balance Sheet Health
Financial Health criteria checks 5/6
Hunan Aihua Group has a total shareholder equity of CN¥3.7B and total debt of CN¥329.0M, which brings its debt-to-equity ratio to 8.9%. Its total assets and total liabilities are CN¥5.8B and CN¥2.1B respectively. Hunan Aihua Group's EBIT is CN¥272.0M making its interest coverage ratio 70.3. It has cash and short-term investments of CN¥1.1B.
Key information
8.9%
Debt to equity ratio
CN¥328.98m
Debt
| Interest coverage ratio | 70.3x |
| Cash | CN¥1.13b |
| Equity | CN¥3.71b |
| Total liabilities | CN¥2.08b |
| Total assets | CN¥5.80b |
Recent financial health updates
No updates
Recent updates
Hunan Aihua Group Co., Ltd (SHSE:603989) Stock Rockets 26% But Many Are Still Ignoring The Company
Oct 01
Market Cool On Hunan Aihua Group Co., Ltd's (SHSE:603989) Earnings
Aug 16Returns On Capital Signal Tricky Times Ahead For Hunan Aihua Group (SHSE:603989)
May 29Weak Statutory Earnings May Not Tell The Whole Story For Hunan Aihua Group (SHSE:603989)
Apr 29Financial Position Analysis
Short Term Liabilities: 603989's short term assets (CN¥4.0B) exceed its short term liabilities (CN¥2.0B).
Long Term Liabilities: 603989's short term assets (CN¥4.0B) exceed its long term liabilities (CN¥125.9M).
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 25.4% to 8.9% over the past 5 years.
Debt Coverage: 603989's debt is not well covered by operating cash flow (8.2%).
Interest Coverage: 603989's interest payments on its debt are well covered by EBIT (70.3x coverage).