HengbaoLtd Balance Sheet Health
Financial Health criteria checks 5/6
HengbaoLtd has a total shareholder equity of CN¥2.1B and total debt of CN¥882.9K, which brings its debt-to-equity ratio to 0.04%. Its total assets and total liabilities are CN¥2.3B and CN¥188.4M respectively. HengbaoLtd's EBIT is CN¥107.0M making its interest coverage ratio -8.9. It has cash and short-term investments of CN¥1.3B.
Key information
0.04%
Debt to equity ratio
CN¥882.92k
Debt
| Interest coverage ratio | -8.9x |
| Cash | CN¥1.28b |
| Equity | CN¥2.13b |
| Total liabilities | CN¥188.35m |
| Total assets | CN¥2.32b |
Recent financial health updates
Recent updates
HengbaoLtd's (SZSE:002104) Soft Earnings Don't Show The Whole Picture
Sep 10
Hengbao Co.,Ltd.'s (SZSE:002104) Shares Climb 25% But Its Business Is Yet to Catch Up
Sep 09HengbaoLtd (SZSE:002104) Seems To Use Debt Quite Sensibly
Jun 07Hengbao Co.,Ltd.'s (SZSE:002104) 32% Share Price Surge Not Quite Adding Up
Mar 07Financial Position Analysis
Short Term Liabilities: 002104's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥181.8M).
Long Term Liabilities: 002104's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥6.5M).
Debt to Equity History and Analysis
Debt Level: 002104 has more cash than its total debt.
Reducing Debt: 002104's debt to equity ratio has increased from 0% to 0.04% over the past 5 years.
Debt Coverage: 002104's debt is well covered by operating cash flow (32461.2%).
Interest Coverage: 002104 earns more interest than it pays, so coverage of interest payments is not a concern.