Hefei Kewell Power System Co.,Ltd.

SHSE:688551 Stock Report

Market Cap: CN¥2.5b

Hefei Kewell Power SystemLtd Balance Sheet Health

Financial Health criteria checks 5/6

Hefei Kewell Power SystemLtd has a total shareholder equity of CN¥1.3B and total debt of CN¥30.0M, which brings its debt-to-equity ratio to 2.3%. Its total assets and total liabilities are CN¥1.7B and CN¥400.6M respectively. Hefei Kewell Power SystemLtd's EBIT is CN¥53.6M making its interest coverage ratio -3.1. It has cash and short-term investments of CN¥753.2M.

Key information

2.3%

Debt to equity ratio

CN¥30.02m

Debt

Interest coverage ratio-3.1x
CashCN¥753.17m
EquityCN¥1.31b
Total liabilitiesCN¥400.59m
Total assetsCN¥1.71b

Recent financial health updates

No updates

Recent updates

There Are Some Reasons To Suggest That Hefei Kewell Power SystemLtd's (SHSE:688551) Earnings Are A Poor Reflection Of Profitability

Nov 04
There Are Some Reasons To Suggest That Hefei Kewell Power SystemLtd's (SHSE:688551) Earnings Are A Poor Reflection Of Profitability

Hefei Kewell Power SystemLtd's (SHSE:688551) Promising Earnings May Rest On Soft Foundations

Apr 23
Hefei Kewell Power SystemLtd's (SHSE:688551) Promising Earnings May Rest On Soft Foundations

Subdued Growth No Barrier To Hefei Kewell Power System Co.,Ltd. (SHSE:688551) With Shares Advancing 28%

Mar 03
Subdued Growth No Barrier To Hefei Kewell Power System Co.,Ltd. (SHSE:688551) With Shares Advancing 28%

Financial Position Analysis

Short Term Liabilities: 688551's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥376.6M).

Long Term Liabilities: 688551's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥24.0M).


Debt to Equity History and Analysis

Debt Level: 688551 has more cash than its total debt.

Reducing Debt: 688551's debt to equity ratio has increased from 1.4% to 2.3% over the past 5 years.

Debt Coverage: 688551's debt is well covered by operating cash flow (197.8%).

Interest Coverage: 688551 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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