HengbaoLtd Balance Sheet Health
Financial Health criteria checks 5/6
HengbaoLtd has a total shareholder equity of CN¥2.2B and total debt of CN¥153.9M, which brings its debt-to-equity ratio to 7%. Its total assets and total liabilities are CN¥2.6B and CN¥358.0M respectively. HengbaoLtd's EBIT is CN¥131.3M making its interest coverage ratio -8.8. It has cash and short-term investments of CN¥1.3B.
Key information
7.0%
Debt to equity ratio
CN¥153.89m
Debt
| Interest coverage ratio | -8.8x |
| Cash | CN¥1.25b |
| Equity | CN¥2.20b |
| Total liabilities | CN¥358.05m |
| Total assets | CN¥2.56b |
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¥2.1B) exceed its short term liabilities (CN¥299.1M).
Long Term Liabilities: 002104's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥58.9M).
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 7% over the past 5 years.
Debt Coverage: 002104's debt is well covered by operating cash flow (162.6%).
Interest Coverage: 002104 earns more interest than it pays, so coverage of interest payments is not a concern.